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Artificial intelligence (AI) technology has the potential to boost productivity but increase wealth inequality and wipe out millions of jobs, a research report by the White House claimed on Tuesday. With an increasing number of industries set to be affected by automation technology in the coming years, jobs could be displaced — a fear that has been voiced by academics and business leaders. Auto companies are developing driverless cars, and factories are seeing an increased use of robotics.

Because AI is not a single technology, but rather a collection of technologies that are applied to specific tasks, the effects of AI will be felt unevenly through the economy. Some tasks will be more easily automated than others, and some jobs will be affected more than others — both negatively and positively.

Researchers around the world have given varying estimates about the size of potential job losses. One recent estimate by Forrester suggests 6 percent of jobs in the next five years could be wiped out thanks to AI. The White House report cites a 2013 study from Oxford University suggesting that 47 percent of U.S. jobs are at risk because of AI. The report suggests that lower-skilled and less-educated workers could feel the heat the most. Overall, the White House report advocates a three-pronged approach to preparing for a future remade by AI that includes investing in AI for its benefits, training Americans for the jobs of the future and helping workers make the transition to new positions.

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Even in the best case, automation leaves the first generation of workers it displaces in a lurch because they usually don’t have the skills to do new and more complex tasks, Mr. Acemoglu found in a paper published in May.

Robert Stilwell, 35, of Evansville, Ind., is one of them. He did not graduate from high school and worked in factories building parts for tools and cars, wrapping them up and loading them onto trucks. After he was laid off, he got a job as a convenience store cashier, which pays a lot less.

“I used to have a really good job, and I liked the people I worked with — until it got overtaken by a machine, and then I was let go,” he said.

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Waymo, the newly-minted Alphabet company that was previously Google’s self-driving car project, has a new addition to its vehicle fleet: 100 Chrysler Pacifica hybrid minivans, which were produced by Fiat Chrysler specifically for the purpose of making them fully autonomous using Waymo’s tech, onboard computer power, sensors and telematics. The 100 new cars will join Waymo’s other self-driving vehicles in active service on public roads for more testing starting early next year.

These vehicles were created through a close partnership between Waymo and FCA that actually saw engineering teams from both companies co-located at a Michigan engineering site, and testing of tech through the development process happened both in Chelsea, Michigan, and Yucca, Arizona on the FCA side, and at Waymo’s own test facilities in California.

While the Chrysler Pacificas used are based on the 2017 production model that consumers can buy, changes were made to the vehicles’ electrical, powertrain and structural systems, as well as to the vehicle chassis itself, in order to make them better suited for using Waymo’s tech. This results in a much tighter integration than if the Alphabet company had just purchased Chrysler vehicles off the line and done their own aftermarket modifications on stock vehicles. Still, from project outset to these being ready to enter service took only six months, according to FCA.

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If it works? LOL it’s 1960’s technology.


Shervin Pishevar is a startup investor and one of the central social figures in Silicon Valley. He recently founded Hyperloop One, a project to move people long distances through tubes at supersonic speeds.

His reputation and fortune come largely from a single investment he made in 2011 while at the VC firm Menlo Ventures: a $26 million stake in a small ride-hailing app called Uber. Those shares are now worth more than $5 billion.

Pishevar’s friend Elon Musk came up with the idea for Hyperloop, which promises to take passengers from L.A. to San Francisco in 35 minutes with no friction and no pollution, and handed it off to Pishevar to develop.

Ooops.


SACRAMENTO, Dec. 14 (UPI) — The California Department of Motor Vehicles issued a warning of sorts to rideshare company Uber on Wednesday, apparently for wading too far into the waters of testing self-driving vehicles in San Francisco.

The department issued a statement Wednesday that said it “encourages the responsible exploration of self-driving cars.”

A successful production trial by Australian battery technology innovator Nano-Nouvelle has proved its pioneering nanotechnology ­­­supports industrial-scale manufacture, with output rates 100 times faster.

The Sunshine Coast-based company is developing world-leading nanotechnology that can boost the energy storage capacity of lithium ion batteries by as much as 50 per cent. Lithium ion batteries are used in devices ranging from mobile phones and notebooks to and electric vehicles and home energy storage systems.

As well as proving its technology, Nano-Nouvelle has worked with companies worldwide to ensure its battery-boosting breakthrough is usable with today’s production lines.

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Michigan just made it into the history books today after Governor Rick Snyder signed 4 bills into law, all governing the legality of the autonomous car, making Michigan the first state to officially sign off on driverless cars on the roads.

Many states have allowed testing of driverless vehicles, but Michigan just officially put them on the road for consumers.

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