2018-03-19 10:37:00 Mon ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
Uber's autonomous car causes the first known pedestrian fatality from a driverless vehicle and thus sets off the alarm bell for artificial intelligence. An Arizona woman dies in a car accident in the Phoenix suburb of Tempe that involves one of Uber's driverless cars.
As a result, Uber suspends its autonomous car operations in Phoenix, Pittsburgh, San Francisco, and Toronto. This fatality makes cities less likely to trust Uber and so undermines the generic claim that Uber serves as an autonomous car platform rather than a transportation service provider. Further, this incidence forces Uber to improve the safety of its autonomous and human-driven vehicles. Even if Uber can perfect its self-driving technology by mid-2019 (when the company hopes to launch autonomous car services), city governments might not trust the Uber enough to work with autonomous cars.
Stock analysts downgrade the approximate $70 billion market valuation of Uber by BlackRock and Morgan Stanley. Because Uber delays the launch of autonomous car services after mid-2019, the artificial-intelligence-driven company may defer its grand plan to go public in the next 18 months.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2020-05-21 11:30:00 Thursday ET

Most blue-ocean strategists shift fundamental focus from current competitors to alternative non-customers with new market space. W. Chan Kim and Renee Ma
2018-08-07 07:33:00 Tuesday ET

President Trump sounds smart when he comes up with a fresh plan to retire $15 trillion national debt. This plan entails taxing American consumers and produc
2019-06-15 10:28:00 Saturday ET

The Sino-American trade war may slash global GDP by $600 billion. If the Trump administration imposes tariffs on all the Chinese imports and China retaliate
2023-12-10 09:23:00 Sunday ET

U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa
2018-04-13 14:42:00 Friday ET

Mike Pompeo switches his critical role from CIA Director to State Secretary in a secret visit to North Korea with no regime change as the North Korean dicta
2018-01-09 08:33:00 Tuesday ET

BlackRock CEO Larry Fink emphasizes his key conviction that public corporations should make a positive contribution to society apart from boosting the botto