According to a report from Hybrid Cars, Elon Musk’s mammoth car company, Tesla, may end up a liability not just to its investors, but potentially to taxpayers as well. In fact, according to Morgan Stanley, Tesla may already be “too big to fail” because of its more than 37,000 workers, estimated to rise to 50,000 over the next two years.
At issue are rules that the Federal Communications Commission repealed in December that prevented providers such as AT&T, Comcast and Verizon from interfering with internet traffic and favoring their own sites and apps. Critics, including the Trump administration, said overregulation was stifling innovation, and they backed the FCC's move, which is still set to take effect next month.
The U.S. technology sector has long been a driver of global economic growth. From the PC to the Internet, the greatest advancements of the past 50 years were spawned in the U.S. This country's unique approach to limited regulation combined with public-private partnerships creates an environment for innovation generally unmatched in the free world. A national AI strategy can build on this history of economic and technological leadership.
On April 30-May 1, Congressional Black Caucus (CBC) Diversity Task Force Co-Chairs Reps. G. K. Butterfield (NC) and Barbara Lee (CA) welcomed Rep. Maxine Waters (CA), Ranking Member of the Financial Services Committee, and Rep. Gregory Meeks (NY), also a member of the Financial Services Committee, to the third CBC TECH 2020 delegation to Silicon Valley. The members proposed a tech CEO summit, where leaders of major tech companies must come together to determine specific actions needed to increase minority representation and inclusion in the industry.
It is a non-nuclear weapon that theoretically can hit any target around the world in one hour -- while evading the most modern of missile defense systems. The Russians on Wednesday paraded one in Red Square, and China is aggressively pursuing a development program for its own variant. In the race to develop hypersonic weapons, the Pentagon finds itself in an unfamiliar place: trailing its two main military rivals in a cutting-edge military technology and scrambling to catch up.
The White House has set up a new task force dedicated to US artificial intelligence efforts, the Trump administration announced today during an event with technology executives, government leaders, and AI experts. The news and the event, which was organized by the federal government, are both moves to further the country’s AI development, as other regions like Europe and Asia ramp up AI investment and R&D as well.
America and China both want to be the technological leader of the 21st century. Indeed, it’s hard to imagine a nation as the economic, military, cultural, or ideological leader while also being a tech laggard. Of the two, China has been more explicit in the goal, mainly through its “Made in China 2025” blueprint to dominate advanced industries such as robotics, information technology, and clean energy transport.
Artificial intelligence is an emerging field that provides new benefits and capabilities, according to Ed McLaughlin, MasterCard president of operations and technology, “I don’t think there’s a company, an industry, a country which isn’t interested in advancing artificial intelligence right now,” he told Liz Claman during a FOX Business interview on Wednesday.
When Elon Musk and his team at SpaceX were looking to make their Falcon 9 rocket even more powerful, they came up with a creative idea -- keep the propellant at super-cold temperatures to shrink its size, allowing them to pack more of it into the tanks. But the approach comes with a major risk, according to some safety experts.
Microsoft CEO Satya Nadella says "privacy is a human right" and that internet users should be in control of their data. Nadella outlined the company's ethical principles Monday as he kicked off its annual conference for software developers. Nadella didn't mention Facebook's privacy scandals or the data collection practices of rival tech companies, but his comments at the Build conference in Seattle further staked out Microsoft's message that technology should be built for social good.