Insights

Five Key Stories

From the Digital Worlds

August 23

August 23

The tiny, remote fishing village of Skrova, Norway, on an island north of the Arctic Circle, is home to fewer than 200 people. It also now has the smallest bike-sharing system in the world, with 12 bicycles (Citi Bike in New York City, by contrast, has 13,000 bicycles and plans to expand to 40,000). The island draws tourists because of its clear water and white sandy beaches, and the village promotes biking as a way to keep throngs of visitors out of cars. “Since the island is kind of compact, they tried to create an environment where people can walk or hike or take a bicycle instead of driving,” says Liisa Andersson, chief operating officer of Urban Sharing, the company that added the new bike-sharing system.

read more
August 22

August 22

Auto Trader first car vending machine is now operational in in London, England, and it will let potential buyers use their phones to buy the car. The company underscored the ability to bypass haggling with the vending machine that uses contactless technology to pay for the car with just one’s phone. The finer details, such as financing and insurance, were not discussed, but cars sold by way of the vending machine will cost no more than £21,000. As for where the cars come from, they’re still from dealerships, but Auto Trader pre-negotiates the price and then plops them in the vending machine. When it’s time to buy and finalize the deal, there’s a custom point-of-sale system and a unique mechanical door to unleash the car when finished.

read more
August 21

August 21

Tesla revealed details Tuesday about how it fine-tuned its AI chip design so two of them are smart enough to power its cars’ upcoming “full self-driving” abilities. The company needed better hardware to achieve its 2019 full self-driving goal, in which cars navigate not only freeways as today but also local streets with stop signs and traffic lights. It’s a major effort to design a processor chip. The magnitude of the work is reflected in the gargantuan number of transistors — 6 billion — that make up the processing circuitry on each of Tesla’s chips. Each chip makes its own assessment of what the car should do next. The computer compares the two assessments, and if the chips agree, the car takes the action. If the chips disagree, the car just throws away that frame of video data and tries again.

read more
August 20

August 20

Ford plans to launch its own esports virtual racing teams. Under the name Fordzilla, the company will recruit top esports drivers for teams in France, Germany, Italy, Spain and the UK. The company will also invite star players to form a European team with select members from each national team. The Fordzilla teams will compete in games like Forza Motorsport 7, developed by Microsoft Game Studios’ Turn 10 Studios. According to Ford, millions of people play Forza games each month, and one million players choose Ford vehicles. Ford has partnered with Microsoft Game Studios before, and a few years ago, the top prize in the first-ever Forza Racing Championship was a 2017 Ford Focus RS.

read more

FROM
ROKK3R CEO
NABYL CHARANIA

June’s Digital Age Insights

June’s Digital Age Insights

As AI continues to interact with other exponential technologies, its use with sensors is creating exciting opportunities. Research shows that the sensor market is expected to hit close to $280B by 2025. With a low-cost glove packed with over 500 sensors, an AI system has been developed to recognize objects through touch alone.

read more
Artificial Intelligence Venture Builder & GraphPath

Artificial Intelligence Venture Builder & GraphPath

This past week, the Artificial Intelligence Venture Builder was announced. Artificial Intelligence (AI) visualization company GraphPath, with its “knowledge-graph-as-a-service” platform, is this venture builder’s first company. Below, I’m sharing key stories and insight around AI to further build on this critical theme.

read more
Discussing AI with Apple’s Steve Wozniak

Discussing AI with Apple’s Steve Wozniak

During some downtime at Industry 4.0: The Future of Humanity in the Smart Machine Age event in Los Angeles last week, Apple co-founder Steve Wozniak, Rokk3r Fuel ExO GP Salim Ismail, and I discussed artificial intelligence (AI) and the impact of technology on humanity. I’m continuing the theme of our conversation by sharing 3 interesting AI stories

read more