What's more, even AIs based on mechanisms inspired by human biology, such as neural networks, have only a distant relationship with biological neurons in the brain. NN are examples more of the importance of reinforcement and self-organisation of controller networks than any similarity with biology. The first, naive, approach to AI is to think that it is necessary to create a synthetic human, or a synthetic brain to produce cognition: in fact, cognition does not need to be anthropomorphic at all. Second attempt at a definition: "The ability of a machine to achieve performance equal to or better than certain human cognitive processes." This definition is based on the final outcome, without presupposing imitation of biological mechanisms.
Waymo and Tesla are locked in a battle to reach the holy grail of full, level five autonomous driving first. Waymo, which started life as Google's self-driving car project, has started trials of self-driving taxis in the Phoenix area. Tesla, with hundreds of thousands of electric vehicles already on the road, instead wants to upgrade existing cars with software updates to gradually enable autonomous driving for customers. The competition intensified this week as Tesla CEO Elon Musk claimed his company will achieve full autonomy in 2019. Musk went as far to tell Recode that "I don't wanna sound overconfident, but I would be very surprised if any of the car companies exceeded Tesla in self-driving."
Volkswagen AG and Ford Motor Co. are in "exploratory talks" to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter. The German and U.S. automakers are expected to provide an update on the progress of the talks before year end, said the person, who asked not to be identified. Spokesmen for both automakers would only reiterate what they have said before about the companies collaborating on the development of commercial vehicles. "Our (memorandum of understanding) with VW covers conversations about potential collaborations across a number of areas. It is premature to share additional details at this time," Ford spokesman Alan Hall said.
The shift of focus from'under the hood' to the'car console' has opened doors for advanced technologies such as artificial intelligence, cloud computing, big data and machine learning into the automobile world. These technologies are instrumental in bridging the gap between fiction and reality when we talk about connected and autonomous vehicles. Here's a how Microsoft (MSFT) has made inroads into the connected car space. Cognizant defines the connected car as, "a vehicle using mechatronics, telematics and artificial intelligence technologies to interact with the environment to provide greater safety, comfort, entertainment and, importantly, a'connected-life' experience." The connected car is deemed to save considerable time and resources, while making mobility more efficient, safer and enjoyable.
What is the future of mobility? According to NAVYA, an innovative French company, it is both autonomous and electric. The benefits of such technology in terms of mobility are incredible. Whilst using electric propulsion reduces CO2 emissions, autonomous driving should reduce traffic congestion and could also be an innovative way to have more efficient public transportation. It is quite a busy moment for NAVYA, who became listed on the stock market last summer.
It turns out that, whether it's Waymo's self-driving cars or the many auto manufacturers relying on tech from Intel Corp.'s INTC -1.27% Mobileye, so-called "autonomous" vehicles are cheating, in a way. This is also true of models that are already commercially available, such as Cadillacs with Super Cruise. Rather than perceiving the world and deciding on the fly what to do next, these autonomous and semi-autonomous vehicles are comparing their glimpses of the world with a map stored in memory. The incredibly detailed maps they rely on are what engineers call a "world model" of the environment. The model contains things that don't change very often, from the edges of roads and lanes to the placement of stop signs, signals, crosswalks and other infrastructure.
Car companies have always given their designers and engineers a great degree of freedom to dream when they aren't working directly on a new production model. Since its major revival under Chinese owner Zhejiang Geely Holding, Volvo's design and engineering teams have had little time to dream. The end result is a vision of marrying advances in autonomous driving and motoring to offer an alternative to short-haul flights. True, it has always been the case that taking the car has been an option for European and US travellers, but not in the way conceived by Volvo's 360c. At the unveiling of the vehicle at the headquarters of Volvo Cars in Gothenburg, senior management explained that the auto industry is still unsure where autonomous driving is heading, but the conversation needed to start.
Japanese corporate giants Toyota and SoftBank have formed a joint venture that will see Toyota's vehicles paired up with SoftBank's software. The 2 billion yen ($17.5 million) company, dubbed Monet Technologies, will be formed by April 2019, and will have SoftBank CTO Junichi Miyakawa as its president and CEO. SoftBank will have a 50.25 percent stake in the venture, with Toyota picking up the remainder. The companies said Monet will receive 10 billion yen of capital in the future. Monet will be tasked with initially creating just-in-time vehicle dispatch services for Japanese government agencies and companies, the pair said.
In the latest example, in Catalonia, Spain, an autonomous bus called Èrica is being tested around the region to help citizens become familiar with what driverless technology entails. These bus experiments are also designed to allow local-government officials to adapt to this new means of transportation, which they expect to be fully functioning by 2020. Equipped with eight sensors, the red and yellow self-driving shuttle unveiled by the Association of Municipalities for Mobility and Urban Transport, AMTU, is 100 percent electrically powered with 14 hours of autonomous driving. Looking like a rectangular minivan, Èrica can transport up to 11 passengers and an attendant, who is there to help and advise travelers and deal with emergencies. Some 4,600 citizens from Sant Cugat, Terrassa, and Sabadell, all cities close to Barcelona, already took the new bus in September.
Because of self-driving, KPMG predicts that auto insurance will shrink 60% by 2050 and an additional 10% over the following decade. While more than half of individuals surveyed by Pew Research express worry over the trend toward autonomous vehicles, and only 11% are very enthusiastic about a future of self-driving cars, lack of positive consumer sentiment hasn't stopped several industries from steering into the auto pilot lane. The general sentiment of proponents, such as Tesla and Volvo, is that consumers will flock toward driverless transportation once they understand the associated safety and time-saving benefits. Because of the self-driving trend, KPMG currently predicts that the auto insurance market will shrink 60% by the year 2050 and an additional 10% over the following decade. What this means for P&C insurers is change in the years ahead. A decline in individual drivers would directly correlate to a reduction in demand for the industry's largest segment of coverage.