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.
2024-04-30 09:30:00 Tuesday ET
With clean and green energy resources and electric vehicles, the global auto industry now navigates at a newer and faster pace. Both BYD and Tesla have
2019-01-21 10:37:00 Monday ET
Andy Yeh Alpha (AYA) AYA Analytica financial health memo (FHM) podcast channel on YouTube January 2019 In this podcast, we discuss several topical issues
2020-10-06 09:31:00 Tuesday ET
Strategic managers envision lofty purposes to enjoy incremental consistent progress over time. Allison Rimm (2015) The joy of strategy: a bu
2017-12-15 07:42:00 Friday ET
Disney acquires 21st Century Fox in a $52 billion landmark deal. This deal has a total value of about $66 billion while Disney assumes $14 billion of Fox
2019-04-21 10:07:54 Sunday ET
Central bank independence remains important for core inflation containment in the current age of political populism. In accordance with the dual mandate of
2018-05-15 08:40:00 Tuesday ET
Net neutrality rules continue to revolve around the Trump administration's current IT agenda of 5G telecom transformation. Republican Senate passes the