Artificial intelligence is bound to change the future of the world. By fiscal year 2025, the artificial intelligence market size is expected to be $390.9 However, this number does not tell the whole story. By FY2030, the projected growth of global GDP as a result of artificial intelligence is expected to be $15.7 trillion. This projection bodes well for AI stocks.
This week Microsoft hosted its annual Build conference completely online. That meant streaming keynotes, panels, digital breakouts and workshops for developers. The company's investments in cloud and machine learning are starting to deliver real products. Businesses continue to be the main target of its software offerings -- things like Outlook, Office, Teams and SharePoint. Microsoft has been working to make its 365 services more powerful.
Elham Mansoori, member of Afghan Dreamers, an all-girls robotics team in Afghanistan, works on their prototype of a ventilator. In Afghanistan, a group of teenage girls are trying to build a mechanized, hand-operated ventilator for coronavirus patients, using a design from M.I.T. and parts from old Toyota Corollas. It sounds like an impossible dream, but then again, the all-girls robotics team in question is called the "Afghan Dreamers." Living a country where two-thirds of adolescent girls cannot read or write, they're used to overcoming challenges. The team of some dozen girls aged 15 to 17 was formed three years ago by Roya Mahboob, an Afghan tech entrepreneur who heads the Digital Citizen Fund, a group that runs classes for girls in STEM and robotics and oversees and funds the Afghan Dreamers.
Bike- and scooter-sharing isn't as compelling as it used to be, so companies are stepping up cleaning procedures. One scooter rental company is launching an extensive sanitization program in an Atlanta suburb with remote-controlled autonomous scooters. Go X e-scooters teamed up with Tortoise to put its autonomous-capable software and cameras on its fleet in Peachtree Corners, Georgia. Starting Wednesday, a six-month pilot will send the scooters on their own to a cleaning hub after a rider rents a scooter. A cleaning crew will disinfect the scooter and then send it off where it'll be ready for another ride request, with a sticker to indicate it's been properly cleaned.
The advertising landscape has transformed dramatically in the last two years. A huge part of that transformation is related to developments in artificial intelligence (AI) and machine learning. This IAB guide is designed to help brand marketers and their agencies identify the opportunities that artificial intelligence and machine learning present, the range of options available, and some recent best practices for applying AI to marketing and advertising. Developed by the IAB AI Working Group which was formed to help marketing and technology executives navigate the impact AI and machine learning will have on the world of digital advertising, this is the first guide of its kind to offer a full picture of the benefits of AI in marketing, real-world use cases, best practices, and key takeaways for marketers looking to leverage AI to better engage with customers at scale. When IAB put out the call to its members to form an AI working group, the response was overwhelming: 115 members raised their hands to contribute to our collective industry understanding of this nascent and essential topic. Their responses informed the basis of this IAB guide, focusing on the areas of greatest importance to the marketing industry at this time.
Tesla's Full Self-Driving (FSD) feature will get more expensive soon, but that's all pocket change compared to its potential value -- if you ask Tesla CEO Elon Musk. According to Musk, FSD will cost $1,000 more starting July 1, bringing its cost to $8,000 when purchased with a new Tesla Model 3, S, X or Y. Tesla Full Self-Driving option cost rises by $1000 worldwide on July 1st. The FSD package builds on Tesla's Autopilot set of features, and it includes driver assistance features such as Navigate on Autopilot, Smart Summon, Auto Lane Change and Autopark. Ultimately, however, Tesla says it expects FSD-equipped cars to achieve a "new level of autonomy," though fully automated driving won't happen without regulatory approval. The price hike of FSD is no surprise; Elon Musk announced the price for the feature set would be "substantially" rising back in April 2019.
Trusting AI too much can turn out to be fatal, is the headline of the Financial Times review of a car crash in 2018, which took Walter H.'s life. Walter was driving a Tesla SUV (Tesla Model X P100D) on autopilot when the car hit a barrier and then got struck by two other vehicles. The National Transportation Safety Board analyzed the case: Next to various environmental and technical reasons, the driver's over-reliance on the autopilot was one factor that presumably caused the accident. Before the crash, the 38-year old Apple engineer was immersed in a video game and trusted the autopilot to bring him safely to his next destination, which, unfortunately, was never reached. Disturbing stories of humans over-relying on technology with fatal consequences are not isolated cases, as it turns out. There is even a term for this in the Death Valley National Park: Death by GPS. Park rangers have to witness death by GPS rather frequently. The GPS gives weird directions (often technically correct, e.g., the shortest path goes over a mountaintop or through a river), and people follow the directions unquestioningly, get lost and die in the human-unfriendly conditions of the national park.
Volvo plans to equip its vehicles with built-in LiDAR beginning in 2022. The automaker is working with Luminar and says its next generation Scalable Product Architecture (SPA2) vehicles will be hardware-ready. The cars won't be fully self-driving, but it's a step in that direction. Luminar's LiDAR will be available as a rooftop add-on. Customers will be able to opt into the Highway Pilot feature, which enables fully autonomous highway driving, once the feature is verified to be safe for specific geographic locations and conditions.
If any automaker has made its name synonymous with safety, it's Volvo. The Swedish outfit's marketing department deserves some credit there, for sure, but they've got good stuff to work with. Over the decades, Volvo has led the industry with three-point seatbelts, rear-facing child seats, blind-spot monitoring systems, and more. Now it's once again in the vanguard, announcing Wednesday that it will be the first automaker to use a lidar laser vision system to enable what it calls "fully autonomous highway driving" in its cars, starting in 2022. That news is the result of a deal with Luminar, the eight-year-old lidar company helmed by 25-year-old Austin Russell.
Of course, operating systems have been present in cars for many years now, from the menus on the first digital stereos to the built-in in-car entertainment and satellite navigation systems that are offered as standard on almost every new car these days. However, these operating systems simply aren't future-proofed, and they don't manage the actual operation of the car itself – which we'll get onto later. Although there are already joint approaches between three (and more) of Germany's biggest automotive manufacturers to try and catch up with Tesla, there that BMW, Daimler and VW are working on a centralised operating system for driverless cars. So why is a collaborative operating system so important to the trio? In the next decade, there are two huge changes that automotive manufacturers face: the electrification of vehicles and the next level of autonomous driving that sees our control reduced either completely, or significantly.