Toyota followed in Uber’s footsteps Tuesday, pausing tests of its driverless car system “Chauffeur”.
The decision came even after authorities said Uber was “likely not at fault” for one of its autonomous vehicles striking and killing a pedestrian in Tempe, Ariz., on Sunday. Still, it’s a move one advocacy group exec likely agrees with.
“Is getting them out faster the best idea, or is getting them out right the best idea?” Center for Auto Safety executive director Jason Levine told Cheddar before the Toyota news broke.
Police investigating the Uber incident claim the car, in self-driving mode with a human behind the wheel, was travelling at 38 mph and made no attempt to brake when a woman walked onto the street.
But the pedestrian “came from the shadows right into the roadway,” according to Tempe’s Police Chief, making the accident difficult to avoid in any case.
It was the first known fatality caused by a self-driving car, prompting Uber to halt its own pilot programs and raising questions about the future of the nascent technology, with many calling for a slowdown in development.
“There should be some step between the computer lab, the completely controlled test track, and releasing them into the communities,” said Levine.
The pace of development in this space is moving at a speed that makes it hard to build regulations and safety procedures, he added.
“There, right now, are no regulations before putting these things on the road...there’s no pre-investigation or examination of whether the technology meets the same standards as a non-self-driving vehicle.”
Autonomous cars have been seen as the futuristic antidote to the tens of thousands of deaths caused by traffic accident deaths every year in the U.S. So far the technology’s track record suggests the error levels are far lower than in traditional autos.
The National Transportation Safety Board is currently investigating the Uber incident.
Technology-driven sustainable waste management platform, RoadRunner Recycling, recently raised a $70 million Series D round from BeyondNetZero, the climate investing venture of General Atlantic. RoadRunner says it creates and manages end-to-end waste and recycling solutions for businesses of all sizes and that its proprietary technology can boost cost savings and improve recycling rates for companies, which in turn drives sustainability for the waste industry and our world. RoadRunner Recycling founder and CEO Graham Rihn joined Cheddar News' Closing Bell to discuss.
Tech giant Microsoft is rolling out a platform designed specifically to help retailers manage their logistics on the cloud, amid some very trying times. Shelley Bransten, Microsoft CVP for global retail and consumer goods, joined Cheddar to explain how the cloud-based solution is meant to support retailers, workers, and the supply chain. "It's never been more important with all the challenges that we're seeing with the global supply chain that demand and supply come together," Bransten said. "And we use AI technology to help better predict that old adage of getting the right product to the right place to the customer at the right time."
Apple TV+ is in serious talks for the rights to stream MLB games next season, the first foray into sports content for the platform, according to the New York Post. Lee Berke, president and CEO of LHB Sports, sat down with Cheddar to discuss how such a deal might impact the tech giant and the sports content industry. "Quite often with new media platforms one of the quickest ways to create and implement a programming strategy — and actually one of the most expensive ways — is to offer up sports content," Berke noted. "So, with this package available, it puts Apple literally in the game and gives them an opportunity to demonstrate their skills in offering up a major league sport."
A.I.-enabled fintech company Qraft Technologies recently closed a $146 million investment from SoftBank Group Corp.
The companies say they are entering a partnership to accelerate artificial intelligence in the asset management industry. Qraft has already developed A.I. solutions that have been used by major financial institutions and says its new approach to asset management maximizes investment efficiency. Qraft Technologies U.S. CEO Robert Nestor joined Cheddar News' Closing Bell to discuss.
A decade ago, long before streaming services, the amount of binge-watching viewers could take part in was slim. Now, streaming services have established binge-watching as a viewing norm. However, how can viewers know when they've crossed the line from innocent entertainment to harmful addiction? Judy Grisel, professor of psychology at Bucknell University, joins Cheddar News to discuss a new study that identifies psychological predictors of problematic binge-watching.
