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.
2018-03-07 07:34:00 Wednesday ET
President Trump tweets his key decision to oust State Secretary Rex Tillerson after several months of intense disagreement over diplomatic affairs. Trump so
2018-07-19 18:38:00 Thursday ET
Goldman Sachs chief economist Jan Hatzius proposes designing a new Financial Conditions Index (FCI) to be a weighted-average of interest rates, exchange rat
2020-05-28 15:37:00 Thursday ET
Platform enterprises leverage network effects, scale economies, and information cascades to boost exponential business growth. Laure Reillier and Benoit
2017-04-01 06:40:00 Saturday ET
With the current interest rate hike, large banks and insurance companies are likely to benefit from higher equity risk premiums and interest rate spreads.
2020-04-03 09:28:00 Friday ET
The Intel trinity of Robert Noyce, Gordon Moore, and Andy Grove establishes the primary semiconductor tech titan in Silicon Valley. Michael Malone (2014)
2021-05-20 10:30:00 Thursday ET
Artificial intelligence, 5G, and virtual reality can help transform global trade, finance, and technology. Core trade technological advances and disruptive