Elon Musk is no longer over-delivering like he used to, but he is still over-promising, according to a top economist, who pointed to the Tesla CEO’s recent insistence that his EV company should be valued like an AI company. In a Project Syndicate op-ed published on Wednesday, UC Berkeley economics professor and former Treasury official …
Nico De Pasquale Photography | Moment | Getty Images So-called connected cars, vehicles equipped with internet access, are becoming the norm, and their proliferation is sounding the alarm for consumer data privacy advocates. By 2030, more than 95% of the passenger cars sold are likely to have embedded connectivity, according to Counterpoint Technology Market Research. …
There’s a downside to the Internet of Things (for cars) What, exactly, is your car telling your insurance provider? More and more vehicles manufactured today are connected to the internet. That’s a good thing, right? In some ways, it is — internet connections can make it easier to roll out software updates and send emergency …
Washington — The Biden administration said Thursday it plans to investigate the national security risks posed by internet-connected vehicles from China, a probe that could result in a ban on Chinese vehicles in the United States. Administration officials noted that a potential ban on connected vehicles — or CVs — resulting from the investigation is …
Honor demonstrated how its smartphone eye-tracking technology could be used to control a car. Honor BARCELONA — Chinese firm Honor on Sunday showed off technology that allows a user to control a car just by using their eyes. The company’s Magic 6 Pro device launched internationally on Sunday at the Mobile World Congress in Barcelona, …
Visitors look at an BYD Seal U electric car of Chinese car brand BYD at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images BYD launched its AI-powered smart car system on Tuesday as the world’s largest electric car maker seeks …
Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023. Tolga Akmen | Bloomberg | Getty Images That’s a large stake, especially considering that Musk sold tens of billions of dollars worth of …