Tesla Bot Goal to Automate Labor

Elon Musk and Tesla revealed the vision for a general-purpose humanoid robot. They would start with the most boring, repetitive and dangerous work. The work humans least like to do. What is dangerous work? Installing solar power onto buildings is dangerous. Roofing is considered the fourth most dangerous job in the United States. Some of …

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Baidu Pushing to Expand Robotaxi to 30 Chinese cities by 2023-2024

Baidu plans to expand its robotaxi ride-hailing services across 30 cities in China in two to three years to serve a wider range of users. Robin Li, founder of Baidu, said at the 2021 ABC Summit. Currently, there are about 500 test vehicles in the Baidu Apollo self driving program and they are the first …

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Ark Estimates $11–12 Trillion Robotaxi Market in 2030

ARK estimates that autonomous driving could reduce the cost of ride-hail significantly, expanding the addressable market. Today, the average price of an Uber is $2 per mile, while Didi is $0.50-$.70 per mile. We estimate that autonomous ride-hail vehicles will have higher utilization rates than human-driven cars, as well as lower labor and insurance costs. …

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US Passes $250 Billion Technology Bill for Chips, AI and Robotics

The US passed the U.S. Innovation and Competition Act, a $250 billion bill promoting US semiconductors, AI, robotics and technology. It authorizes $81 billion for NSF, including $29 billion over five years for the new directorate. It directs the Department of Commerce to designate regional technology hubs across the country, and authorizes $10 billion over …

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Vegas Boring Loop Surpasses 4400 Passengers Per Hour Target in Testing

The Boring Company Vegas Loop capacity testing exceeded 4400 passengers per hour on Tuesday. The LVCVA said it would conduct capacity tests for the loop ahead of World of Concrete, the convention center’s first major trade show since the COVID-19 pandemic began. The almost $50 million loop connects the three different halls of the convention …

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Tesla Pseudo LIDAR Using Just Cameras And Imminent Acceleration of Self Driving Improvement

Tesla can compare two or more video frames to confirm the depth of objects and generate pseudo LIDAR. They can convert images to a birds-eye view representation of what is around a car. They are also able to train with an unsupervised method. Many technical people and some business people with better views of the …

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Economic Boom From Faster and Cheaper Movement of Goods

There is some suggestive evidence that lowering the cost and barriers to trade and increasing the volume of trade will boost GDP. It is difficult to isolate cause and effects. Past major examples of reduced transportation times and lowering costs of movement of goods are Interstate and national highway systems and shipping containers. Shipping containers …

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