Cruise – Asia Pacific Metalworking Equipment News | Manufacturing | Automation | Quality Control

Are We Pinning Too Much Hopes On AI?

Christellee — Thu, 16 May 2024 08:59:00 +0000

Despite known glitches and fatal mishaps, industries somehow remain optimistic or resigned to the fact since dollars are pumped into AI research and development, the show has to go on.

Artificial Intelligence (AI) is probably the world’s most overrated concept now. From medical devices to metalworking equipment, AI has a stake in every pie.

The world has been on tenterhooks on which jobs would be taken over by AI. BBC quoted a report by investment bank Goldman Sachs suggested that AI could replace the equivalent of 300 million full-time jobs across the globe. It concluded many administrative, legal, architecture, and management roles could be affected.

The emergence of AI is hitting the global labour force “like a tsunami” according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva. AI is likely to impact 60% of jobs in advanced economies and 40% of jobs around the world, Georgieva remarked recently at an event in Zurich organised by the Swiss Institute of International Studies.

“We have very little time to get people ready for it, businesses ready for it, it could bring tremendous increase in productivity if we manage it well, but it can also lead to more misinformation and, of course, more inequality in our society,” Georgieva reiterated.

Ongoing Challenges

While we accept Machine Learning (ML) and AI has become part of our lives, we need to recognise it is still undergoing training. Asking a software to make smart decisions in any situation requires astronomical graphic processors and capital — which may take years before we get there. It is very hard to recreate a program to be human-like will be a big challenge even for the most sophisticated AI engineers.

General Motors’ Cruise, best known for its autonomous driving technology is back on the roads. It earlier suspended operations after hitting a pedestrian in San Francisco.

This time, when Cruise resumes operating, there will be a “safety driver” at the wheel — a safety precaution in case of emergency. Cruise reportedly said it updated its software to better respond to such incidents in the future. Cruise’s Chief Executive and other executives also resigned and the company laid off nearly a quarter of its workforce in the weeks after the accident.

BBC added Cruise’s own investigation, commissioned through the law firm of Quinn Emanuel Urquhart & Sullivan, cited a number of faults with Cruise including an “us versus them” attitude toward regulators, and a “myopic focus” on avoiding blame in the incident.

“We acknowledge that we have failed to live up to the justifiable expectations of regulators and the communities we serve,” Cruise wrote in its blog post on the report at the time. “In doing so, we also fell woefully short of our own expectations.”

Growing Pains

AI’s entry into automotive, aviation, and the latest in dating apps. Bumble’s founder, Whitney Wolfe Herd — who recently stepped down as CEO — recently addressed how the dating app will utilise artificial intelligence while appearing at The Bloomberg Technology Summit, the New York Post reported. Herd added the app will use the advanced technology to help swiping singles narrow down their matches and not just improve people’s flirting, but also do it for them.

“There is a world where your dating concierge could go and date for you, with another dating concierge… You don’t have to talk to 600 people. It will go scan all of San Francisco for you and say, ‘These are the three people you really ought to meet.’ That’s the power of AI when harnessed the right way,” Wolfe Herd said according to The Independent.

This new feature could help the wave of singletons reporting dating fatigue who have become exhausted by the disposable dating culture of seemingly endless matches. As AI continues to integrate into diverse sectors, from transportation to personal relationships, its potential to transform our daily lives becomes increasingly evident.

While the journey towards seamless and sophisticated AI applications is ongoing, the advancements showcased by leaders like Whitney Wolfe Herd illustrate the promising future ahead. We are on the cusp of a new era where technology not only augments our abilities but also reshapes our interactions and connections. However, we cannot afford to forget being vigilant in the event of the unexpected.

What You Missed:

AI Has Crept Its Way Into Aerial Combat
Tesla Profits Decline By More Than 50% In Q1 2024
Tesla Reduces Full Self-Driving Software Price To US$8,000
Researchers Turn Metal Waste Into Catalyst For Hydrogen
Is AI Is Looking More Like A Band Aid Now?
Rever Automotive Builds And Tests BYD Buses In Thailand
Tesla Cuts More Than 10% Of Its Workforce
Tesla Settling Lawsuit Erodes Faith In Autonomous Driving
IoT Offers A Wealth Of Opportunities
High Household Debt In Dips Thailand Automotive Production And Sales

WANT MORE INSIDER NEWS? SUBSCRIBE TO OUR DIGITAL MAGAZINE NOW!

CONNECT WITH US: LinkedIn, Facebook, Twitter

Letter to the Editor
Do you have an opinion about this story? Do you have some thoughts you’d like to share with our readers? APMEN News would love to hear from you!

Email your letter to the Editorial Team at Christellee@epl.com.sg

The post Are We Pinning Too Much Hopes On AI? appeared first on Asia Pacific Metalworking Equipment News | Manufacturing | Automation | Quality Control.

GM’s Cruise Faces Federal Investigations After Accident Involving Pedestrian

Christellee — Fri, 26 Jan 2024 08:25:22 +0000

General Motors’ Cruise recalled 950 driverless cars from the roads across the United States following a crash involving one of its robotaxis and is facing federal investigations.

Source: Reuters

The cars were recalled because the collision detection subsystem of the Cruise Automated Driving Systems (ADS) software might have responded improperly after a crash, according to a notice made public by the National Highway Traffic Safety Administration (NHTSA).

The recall was the latest setback for GM’s Cruise unit that faces growing questions about its technology that GM says it key to its growth plans. GM Chief Executive Mary Barra reiterated in June a forecast Cruise could generate US$50 billion in revenue by 2030. Cruise lost more than US$700 million in Q3 2023. GM shares fell 1.6% to $27.95 on Wednesday.

Cruise reported the government investigations in a blog post in which the company also vowed to reform its culture stemming from a “failure of leadership” around the incident. One expert said the actions that Cruise took immediately after the accident were “egregious.”

Last October, a pedestrian in San Francisco was struck, by a hit-and-run driver and thrown into an adjacent lane and was hit a second time by a Cruise robotaxi that was not able to stop in time and then dragged the pedestrian. The recall addresses circumstances when the software may cause the Cruise AV to attempt to pull over out of traffic instead of remaining stationary “when a pullover is not the desired post-collision response,” Cruise said.

Cruise said it would halt operations nationwide after California regulators suspended the robotaxi operator’s license, saying the Cruise self-driving vehicles were a risk to the public. The company said it is temporarily halting production of its fully autonomous Cruise Origin.

Cruise said it determined “a similar collision with a risk of serious injury could have recurred every 10 million to 100 million miles of driving on average prior to the software update.” It is facing two federal investigations over the safety of its cars, including two incidents where the robot cars appeared not to yield to pedestrians in crosswalks.

The new probes and disclosures about Cruise’s mishandling of the accident intensified pressure on General Motors and its CEO Mary Barra, who has defended the automaker’s investment in the robotaxi operation despite more than US$8 billion in losses. GM reports Q4 2023’s results on 30 Jan 2024,and Barra could face more questions about the future of Cruise from analysts.

General Motors’ Cruise robotaxi unit dismissed nine key people amid an ongoing safety investigation according to a memo, which the company confirmed included Chief Operating Officer Gil West.

The incident creates problems for other robotaxi companies, including Alphabet’s Waymo and Zoox, a unit of Amazon. Critics of robotaxis, including the Teamsters union, are calling for slowing the rollout of autonomous vehicles. California has already suspended the company’s permission to operate autonomous vehicles in the state.

What You Missed:

AI Chatbot Disabled After Writing A Self-Scathing Poem About Company
ALI Technologies’ Flying Bike Fails To Take Off
Metal Prices To Ease With Softening Demand According To World Bank
Hyundai Mobis Unveils MOBION Featuring e-Corner System That Enables Sideway Movement
CES 2024 Showcases Latest Innovations In AI, Sustainability And Mobility
Tesla Dethroned By BYD As World’s Best Selling EV Maker
Quang Ninh Industrial Zones Face Electricity Shortage
Siemens And Intel To Collaborate On Advanced Semiconductor Manufacturing
Universal Robots Launches 30 Kg Cobot
Charlie Munger, The Man Who Saw BYD’s Potential Passes At 99
LG Energy Solutions And SK On Lay Off Workers As EV Battery Market Slows

WANT MORE INSIDER NEWS? SUBSCRIBE TO OUR DIGITAL MAGAZINE NOW!

CONNECT WITH US: LinkedIn, Facebook, Twitter

Letter to the Editor
Do you have an opinion about this story? Do you have some thoughts you’d like to share with our readers? APMEN News would love to hear from you!

Email your letter to the Editorial Team at Christellee@epl.com.sg

The post GM’s Cruise Faces Federal Investigations After Accident Involving Pedestrian appeared first on Asia Pacific Metalworking Equipment News | Manufacturing | Automation | Quality Control.