Dark warnings of a world where computers become so sophisticated, so quickly, that humanity loses control of them—and its own destiny as a result have been issued by people like famed physicist Stephen Hawking and Tesla’s Elon Musk. However, such warnings are farfetched, thinks Peter Norvig, a leading artificial intelligence scientist and a director of research at Google.”I don’t…
Hobbling decades of business practice at a manufacturer built on the free movement of people and goods, Brexit will make it harder to shift workers between countries, and this is the concern of Airbus SE, the European planemaker with production sites dotted around the continent. Airbus operates multiple daily delivery flights from a Welsh factory…
As part of a hiring push to ready the plant for mass production of the upcoming Model 3, Tesla Inc is recruiting engineers from Mexico to work on robotics and other automated equipment at its California factory, according to LinkedIn postings. The electric vehicle maker aims to build 500,000 cars a year by 2018 at…
Questions among corporate strategy experts about its focus is raising as Amazon.com Inc’s ventures are going far beyond online retail, from cloud computing to movie making. Its shares were pushed to an all-time high with a 23 percent jump in sales, as the Seattle-based company wowed Wall Street again this week. But investors may come…
By allowing Brexit talks to touch on trade before the two sides agree to a specific exit bill, European governments may give U.K. Prime Minister Theresa May political cover, reported news outlet Bloomberg citing information from two people familiar with the plan. By the time – December, the new German and French governments will be…
According to Kai-Fu Lee, founder of venture capital firm Sinovation Ventures and a top voice on tech in China, robots are likely to replace 50 percent of all jobs in the next decade. Terming Artificial intelligence (AI) as the “singular thing that will be larger than all of human tech revolutions added together, including electricity, [the]…
With Elon Musk focused on ramping up production for the Model 3, he has now to deal with the prospects of increased wages at Tesla Grohmann Automation. According to source familiar with the matter at hand, Klaus Grohmann was ejected from Tesla over a clash of strategy with Tesla’s Chief Executive, Elon Musk on Grohmann,…
Although JPMorgan has left the consortium, it has cleverly distributed its bet in the blockchain technology. It has joined the Enterprise Ethereum Alliance and is an investor in blockchain startups Digital Asset Holdings and Axoni. It is also a participant in the Hyperledger Project, a cross-industry group led by the Linux Foundation. JPMorgan Chase &…
Even though investors are growing cautious, the price for Bitcoin is within spitting distance of its all-time high and it broke through $1,300 on Thursday. According to CoinDesk data, on hopes that U.S. regulators would approve a key trading product for the digital currency, the cryptocurrency’s price spiked yesterday to $1,306 and on the overall…
Despite both U.S. firms trying to distance themselves from the label of media, Facebook and Alphabet-owned Google must and they must accept that they are media, not technology companies, said Martin Sorrell, CEO of WPP. Questions about the “brand safety” issues seen on both Facebook and YouTube, such as ads being placed next to extremist content…
