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Guaranteed income near?

#artificialintelligence

By an overwhelming 3-to-1 margin, Swiss voters have rejected a proposal that would have guaranteed all residents a monthly income whether they worked or not. Yet supporters of the concept elsewhere are not taking the Swiss no for an answer. Frequently proposed in the past, guaranteed income for all is back in vogue because of fears that robots and artificial intelligence threaten whole categories of jobs, especially for less skilled workers, and that any remaining jobs will be unstable gigs. Economists' usual prescription is greater investment in education and training, to equip people for high-paying work. Backers span the ideological spectrum: Andy Stern, ultra-liberal former president of the Service Employees International Union, cites straightforward social-justice arguments as the title of his new book Raising the Floor suggests.


Tesla's Strategy Is Risky and Aggressive, but It Has Worked

MIT Technology Review

Investigations by the National Highway Traffic Safety Administration and the National Transportation Safety Board into accidents involving the company's Autopilot technology might suggest as much. In an industry that can seem ridiculously old-fashioned and slow-moving, it may be hard to know just how far to push. And Tesla has forged a remarkable success story by taking risks and breaking the conventions of carmaking with new technologies. With all the excitement over electric vehicles, self-driving technologies, and Uber-like apps, it can be easy to forget that the car industry is more than 100 years old, and nearly impossible for a startup to break into. It is fiercely competitive and is built on razor-thin margins.


Family: Military changed Dallas suspect; robot use defended

Associated Press

Dallas Police Chief David Brown answers questions during a news conference, Monday, July 11, 2016, in Dallas. Five police officers were killed and several injured during a shooting in downtown Dallas last week. Dallas Police Chief David Brown answers questions during a news conference, Monday, July 11, 2016, in Dallas. Five police officers were killed and several injured during a shooting in downtown Dallas last week. An FBI evidence response team works the crime scene, Sunday, July 10, 2016, where five Dallas police officers were killed Thursday, in Dallas.


Tesla said to be under investigation by SEC for failing to disclose fatal crash

Los Angeles Times

The Securities and Exchange Commission is reportedly investigating Tesla Motor Co. for possibly breaking securities law by failing to disclose that one of its drivers had died while using the company's Autopilot semi-autonomous software. After the May 7 death of driver Joshua Brown, who was behind the wheel of a Model S when it collided with a big rig in Florida, Tesla said it immediately reported the fatal crash to the National Highway Traffic Safety Administration. Brown had been using Tesla's Autopilot mode, which when engaged will assist drivers in steering, braking and collision avoidance; the feature is still in a public beta phase. The Palo Alto electric car maker characterized the death as "the first known fatality in just over 130 million miles where Autopilot was activated," but faced criticism for not disclosing the crash to the SEC, a possible breach of its corporate duty to inform the agency โ€“ and thus, its investors โ€“ of so-called material events. If you are battling traffic, teaching a teen how to make a left-hand turn or worrying over the driving skills of an elderly relative, a driverless car may seem like a marvelous thing.


Tesla is said to be under investigation by the SEC for failing to disclose a fatal crash

Los Angeles Times

The Securities and Exchange Commission is reportedly investigating Tesla Motor Co. for possibly breaking securities law by failing to disclose that one of its drivers had died while using the company's Autopilot semi-autonomous software. After the May 7 death of driver Joshua Brown, who was behind the wheel of a Model S when it collided with a big rig in Florida, Tesla said it immediately reported the fatal crash to the National Highway Traffic Safety Administration. Brown had been using Tesla's Autopilot mode, which when engaged will assist drivers in steering, braking and collision avoidance; the feature is still in a public beta phase. The Palo Alto electric car maker characterized the death as "the first known fatality in just over 130 million miles where Autopilot was activated," but faced criticism for not disclosing the crash to the SEC, a possible breach of its corporate duty to inform the agency โ€“ and thus, its investors โ€“ of so-called material events. By rolling out self-driving technology to consumers more aggressively than its competitors, Tesla Motors secured a spot in the forefront of a coming industry.


Gigaom Manoj Saxena talks Artificial Intelligence with Gigaom

#artificialintelligence

Manoj Saxena is the executive chairman of CognitiveScale and a founding managing director of The Entrepreneurs' Fund IV (TEF), a 100m seed fund focused exclusively on the cognitive computing space. Saxena is also the chairman of Federal Reserve Bank of Dallas, San Antonio branch and Chairman, SparkCognition an Austin based cognitive security and safety analytics company. Prior to joining TEF, Saxena was general manager, IBM Watson, where his team built the world's first cognitive systems in healthcare, financial services, and retail. Earlier he founded, built and sold two Austin based software startups. Saxena will be speaking on the subject of artificial intelligence at Gigaom Change Leaders Summit in Austin, September 21-23rd.


Family: Military changed Dallas suspect; robot use defended

Associated Press

Dallas Police Chief David Brown answers questions during a news conference, Monday, July 11, 2016, in Dallas. Five police officers were killed and several injured during a shooting in downtown Dallas last week. Dallas Police Chief David Brown answers questions during a news conference, Monday, July 11, 2016, in Dallas. Five police officers were killed and several injured during a shooting in downtown Dallas last week. An FBI evidence response team works the crime scene, Sunday, July 10, 2016, where five Dallas police officers were killed Thursday, in Dallas.


Tesla says it hasn't been informed of SEC investigation

U.S. News

In a blog post last week, Tesla said its Autopilot system has been safely used in more than 100 million miles of driving, and the crash wasn't materially significant to investors because it didn't change what Tesla has said about the system's capabilities and limitations. Tesla said it informed the National Highway Traffic Safety Administration about the crash on May 16 and sent its own investigator to the Florida crash site on May 18.


SEC Investigating Tesla for Possible Securities-Law Breach

WSJ.com: WSJD - Technology

The Securities and Exchange Commission is investigating whether Tesla Motors Inc. TSLA 3.69 % breached securities laws by failing to disclose a fatal crash in May involving an electric car that was driving itself, a person familiar with the matter said, heightening scrutiny of how the Silicon Valley company handled the information. The May 7 accident killed the driver, Joshua Brown, a 40-year old Tesla owner who collided with an 18-wheel semi-truck that pulled in front of him on a Florida highway. Tesla alerted the National Highway Traffic Safety Administration, the U.S. car-safety regulator, to the crash and investigated to determine whether the car was using the company's Autopilot system, which lets cars drive themselves under certain circumstances. But Tesla didn't disclose the crash to investors in a securities filing. The car-safety agency opened an investigation into the Autopilot technology.


Regulators may question Tesla's belief that humans can reliably supervise self-driving software

#artificialintelligence

When Joshua Brown switched on the Autopilot feature of his Tesla Model S on May 7, he would have been warned not to trust it. "Always keep your hands on the wheel. Be prepared to take over at any time," says the standard warning presented when Autopilot is turned on. But later that day Brown was killed when his car drove itself into the side of a semi-trailer that Autopilot had not detected. Federal investigations into the crash by the National Highway Traffic Safety Administration (NHTSA) and the National Transportation Safety Board (NTSB) may now question whether Tesla's design asks too much of drivers.