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Category: transportation – Page 474

Much Worse than that. And, thankfully, They are too foolish and greedy to stop.

Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson.

“It’s going to rip through this economy like a tsunami,” Wilson said Thursday in an interview on Bloomberg TV from Aspen, Colorado.

Automation will affect a wide swath of workers, from traders to taxi drivers. McKinsey & Co. estimates that more than 400 million people worldwide could be looking for work by 2030 because technology took their jobs.

Continue reading “AI Will Thrash the Economy Like a ‘Tsunami,’ Allstate CEO Says” | >

B oeing, one of the world’s biggest aircraft manufacturers, is poised to unveil a “robust” new plane that will be “changing the future of air power”, the company claims.

The secret aircraft has a ‘Batmobile’ style, according to a teaser video posted on Twitter of the plane by Phantom Works, Boeing’s advanced design division, which has focussed on several highly classified projects.

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Flight is about to get a lot more personal, says aviation entrepreneur Rodin Lyasoff. In this visionary talk, he imagines a new golden age of air travel in which small, autonomous air taxis allow us to bypass traffic jams and fundamentally transform how we get around our cities and towns. “In the past century, flight connected our planet,” Lyasoff says. “In the next, it will reconnect our local communities.”

This talk was presented at an official TED conference, and was featured by our editors on the home page.

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Kroger Co. is about to test whether it can steer supermarket customers away from crowded grocery aisles with a fleet of diminutive driverless cars designed to lower delivery costs.

The test program announced Thursday could make Kroger the first U.S. grocer to make deliveries with robotic cars that won’t have a human riding along to take control in case something goes wrong.

Cincinnati-based Kroger is teaming up with Nuro, a Silicon Valley startup founded two years ago by two engineers who worked on self-driving cars at Google. That Google project is now known as Waymo, which plans to introduce a ride-hailing service that is supposed to begin picking up passengers in fully autonomous cars by the end of this year.

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A bunch of modern cars already let you unlock your vehicle using your phone, but there isn’t a standard to ensure that the feature will work across devices for years to come. Thankfully, a number of tech firms and automakers are coming together to sort that out.

More than 70 companies, including the likes of Apple, LG, Samsung, Panasonic, Audi, GM, BMW, Hyundai, NXP, Qualcomm, and Volkswagen, have joined hands under the Car Connectivity Consortium to create the Digital Key standard, which is a specification that aims to let you securely unlock and start your vehicle across car and mobile device brands.

The publication of this standard should not only help more companies adopt these features, but also allow owners to share access to their vehicles with others, through their phones.

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From electric cars that travel hundreds of miles on a single charge to chainsaws as mighty as gas-powered versions, new products hit the market each year that take advantage of recent advances in battery technology.

But that growth has led to concerns that the world’s supply of , the metal at the heart of many of the new rechargeable batteries, may eventually be depleted.

Now researchers at the Georgia Institute of Technology have found new evidence suggesting that batteries based on and hold promise as a potential alternative to lithium-based batteries.

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Driverless vehicles could eliminate millions of jobs in the future, from cabbies to truckers to food delivery workers. But the companies that are hoping to hasten the adoption of this disruptive technology don’t want to seem callous to this brewing labor crisis, so they are joining forces to study the “human impact” of robot cars.

The Partnership for Transportation Innovation and Opportunity (PTIO) is a newly formed group comprised of most of the major companies that are building and testing on self-driving cars. This includes legacy automakers like Ford, Toyota, and Daimler; tech giants like Waymo (née Google), Uber, and Lyft; and logistics providers like FedEx and the American Trucking Association. The new organization is being formed as a 501©(6), which allows it to accept donations like a nonprofit and lobby government like a chamber of commerce.

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