Could you live without GPS? It's OK, the economy can't, either

没有GPS你还能活吗? 没关系,经济也不行

The Indicator from Planet Money

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2024-09-24

9 分钟
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A recent survey found that nearly half of all Americans say they could not live without GPS in their car. The American economy couldn't live without GPS, either! Clocks on Wall Street, commercial fishermen, and of course, your Lyft driver, all rely on satellite navigation services. An outage in those services, however, would cripple the U.S. economy. A study found that an outage could cost at least $1 billion a day ... and we don't have a backup. Today on the show, we explain who owns GPS and why we don't have a Plan B if it fails. Related Episodes:The Military Industry ... It's ComplexWhy the FTC is cracking down on location data brokers For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • NPR.

  • This is the indicator from Planet money.

  • I'm Waylon Wong, here with friend of the show Nate Hedge.

  • He is the host of the public radio podcast outside in.

  • Welcome back to the show, Nate.

  • It's so great to be back, Waylon.

  • And I have a question for you.

  • How often do you use GPS?

  • Oh, in the car, I am Michael Scott driving into a lake.

  • I'll do whatever the GPS says.

  • Can't live without it?

  • Well, you are not alone.

  • A recent survey found that nearly half of all Americans say they could not live without GPS in their car.

  • And it turns out the american economy could not live without GPS either.

  • Satellite navigation systems ensure that the clocks on Wall street all aligned, that commercial fishermen know where to go, and of course, that your Lyft driver knows where to pick you up.

  • But our access to GPS is becoming increasingly vulnerable to attacks from foreign adversaries.

  • A study from a few years ago found that an outage could cost our country at least $1 billion a day.

  • And we don't have a backup.

  • Russia does.

  • China does, but we don't.