Lifeboat Foundation

Starting later this month, Uber will allow customers in downtown Pittsburgh to summon self-driving cars from their phones, crossing an important milestone that no automotive or technology company has yet achieved. Google, widely regarded as the leader in the field, has been testing its fleet for several years, and Tesla Motors offers Autopilot, essentially a souped-up cruise control that drives the car on the highway. Earlier this week, Ford announced plans for an autonomous ride-sharing service. But none of these companies has yet brought a self-driving car-sharing service to market.

Uber’s Pittsburgh fleet, which will be supervised by humans in the driver’s seat for the time being, consists of specially modified Volvo XC90 sport-utility vehicles outfitted with dozens of sensors that use cameras, lasers, radar, and GPS receivers. Volvo Cars has so far delivered a handful of vehicles out of a total of 100 due by the end of the year. The two companies signed a pact earlier this year to spend $300 million to develop a fully autonomous car that will be ready for the road by 2021.

The Volvo deal isn’t exclusive; Uber plans to partner with other automakers as it races to recruit more engineers. In July the company reached an agreement to buy Otto, a 91-employee driverless truck startup that was founded earlier this year and includes engineers from a number of high-profile tech companies attempting to bring driverless cars to market, including Google, Apple, and Tesla. Uber declined to disclose the terms of the arrangement, but a person familiar with the deal says that if targets are met, it would be worth 1 percent of Uber’s most recent valuation. That would imply a price of about $680 million. Otto’s current employees will also collectively receive 20 percent of any profits Uber earns from building an autonomous trucking business.

Continue reading “Uber Debuts Its First Fleet of Driverless Cars in Pittsburgh” »

Can China reboot its manufacturing industry—and the global economy—by replacing millions of workers with machines?

Baidu is a fixture of online life in China, but it wants to become a global power. Can one of the world’s leading artificial intelligence researchers help it challenge Silicon Valley’s biggest companies?

Let software take the wheel.

Is Market Capitalism simply an accident of certain factors that came together in the 19th and 20th centuries? Does the innovation of economics require a new economics of innovation? Is the study of economics deeply affected by the incentive structures faced by economists themselves, necessitating a study of the “economics of economics”? In this broad ranging interview INET Senior Economist Pia Malaney sits down with Eric Weinstein — mathematician, economist, Managing Director of Thiel Capital (as well as her co-author and husband) to discuss these and other issues.

Underlying the seismic shifts in the economy in the last ten years, Dr. Weinstein sees not just a temporary recession brought on by a housing crisis, but rather deep and fundamental shifts in the very factors that made market capitalism the driving force of economic growth for the past two centuries. The most profound of these shifts as Dr. Weinstein sees it, is an end to 20th century style capitalism brought about not by a competing ideology, as many had once feared, but instead by changing technology. As production is driven increasingly by bits rather than atoms, he sees the importance of private goods give way to public goods, undermining a basic requirement of market models. In a different line of thinking, as software becomes increasingly sophisticated it takes on the ability to replace humans not only in low level repetitive tasks but also, with the use of deep learning algorithms, in arbitrarily complex repetitive tasks such as medical diagnosis.

Continue reading “Is Technology Killing Capitalism?” »

Nano AI

Nanotech and AI together could make incredible things happen. Here are 3 scenarios and 4 cross-over influencers to watch in this intersection.

Hmmmm.

Technocrat scientists believe they can ‘code’ any kind of future they want, but what about what everyone else wants? These are the overlords of Technocracy who believe that we should just ‘trust them’ to build Utopia. ⁃ TN Editor.

Continue reading “Be the first to comment on ‘Synthetic Biology: We Will Grow Entire Cities Out Of Living Organisms’” »

When you never need to say a word because your AI reads your mind. Who knows; maybe we’ll end up with a new population of introverts and anti-socialists for researchers to study.

Scientists at the University of Rochester have developed a computer model that can predict sentences by looking for brain activity patterns that are associated with different words.

I truly hope these never malfunction while flying in areas near civilian areas.

The agency adds to a contract with Northrop to develop a small system that can be mounted on manned and unmanned aircraft.