A Chinese electric car startup is trying to take on Tesla by making its cars more like an iPhone

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The Chinese electric vehicle startup Byton is developing three vehicles, the first of which will hit the market in 2019.

The company has prioritized interior features, like touchscreens and adjustable seats, over traditional performance metrics, like range and acceleration, in part because it assumes autonomous driving technology will become available to consumers in the next few years.

Byton president and co-founder Daniel Kirchert told Business Insider that Byton will sell a car with Level 4 autonomy — which means the car can handle all driving functions in certain scenarios — by the end of 2020.

Continue reading… “A Chinese electric car startup is trying to take on Tesla by making its cars more like an iPhone”

Why China is spending billions to develop an army of robots to turbocharge its economy

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Chinese President Xi Jinping has called for a robot revolution in manufacturing to boost productivity.

Wages in China are rising, and it’s becoming harder to compete with cheap labor.

An aging population in China also necessitates automation. The working-age population, people age 15 to 64, could drop to 800 million by 2050 from 998 million today.

Chinese robotic growth is forecast to exceed 20 percent annually through 2020.

Continue reading… “Why China is spending billions to develop an army of robots to turbocharge its economy”

Robotic waitresses: Alibaba launches automated restaurant in Shanghai

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Serving food at Hema. GIF via Alibaba video

Select some live seafood in one of Alibaba’s Hema grocery stores in Shanghai, get it rung up and bagged, and a robotic arm will whisk it away to a kitchen. Minutes later, a pod will wheel out of the kitchen, pulling up to your table with your meal under a transparent dome.

Continue reading… “Robotic waitresses: Alibaba launches automated restaurant in Shanghai”

With construction workers scarce, homebuilders turn to robots, software

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BALTIMORE – The construction of an American house embodies the spirit of the nation’s workers and the dreams of its citizens.

It’s also perhaps the least-efficient endeavor in the U.S. economy.

Dozens of workers turn a plot of land into a small factory, sawing wood, nailing it together, cutting holes for windows, running wires and pipes and installing drywall and other finishes. Four months or so later, voila: A home for generations of families.

Continue reading… “With construction workers scarce, homebuilders turn to robots, software”

Here’s how the plan to replace the humans who make iPhones with bots is going

 

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Foxconn Technology chairman Terry Gou on Friday reiterated a pledge that the world’s biggest assembler of iPhones has made many times: that in a matter of years, human workers will be in a minority at the company.

Continue reading… “Here’s how the plan to replace the humans who make iPhones with bots is going”

Taste test: Burger robot startup creator opens first restaurant

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Creator’s transparent burger robot doesn’t grind your brisket and chuck steak into a gourmet patty until you order it. That’s just one way this startup, formerly known as Momentum Machines, wants to serve the world’s freshest cheeseburger for just $6. On June 27th, after eight years in development, Creator unveils its first robot restaurant before opening to the public in September. We got a sneak peek…err…taste.

When I ask how a startup launching one eatery at a time could become a $10 billion company, Creator co-founder and CEO Alex Vardakostas looks me dead in the eye and says, “the market is much bigger than that.”

Continue reading… “Taste test: Burger robot startup creator opens first restaurant”

Don’t worry, robots aren’t going to steal your job — yet

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One author says we have plenty of time before robots take over humans’ jobs.

As technology has advanced, Thomas Malone has watched his old family farm change drastically. The farm he grew up on once employed 15 people full-time and another 30 or 40 seasonally. Now, five people and many more machines farm about three times as many acres in land to produce significantly more goods.

Continue reading… “Don’t worry, robots aren’t going to steal your job — yet”

This coffee bar employs futuristic robotic baristas to make and serve your coffee — and it signals how people are warming up to the automation trend

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The baristas at Cafe X can make two drinks in under a minute and will get your order right every time.

They’re also not human.

The robotic coffee bar employs assembly line-style robots to build your coffee orders for you, making Cafe X a player in San Francisco’s automated eatery scene that’s also gaining traction across the country.

Continue reading… “This coffee bar employs futuristic robotic baristas to make and serve your coffee — and it signals how people are warming up to the automation trend”

Can AI have good taste? Auction giant Sotheby’s is counting on it

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Sotheby’s acquired startup Thread Genius, whose machine learning tech can discern clients’ artistic and style leanings–and suggest customized purchases.

Just a few doors down from its CEO and the wood-paneled cubicles where sharply dressed professionals sit, the eighth floor of Sotheby’s New York takes on a very different vibe.

Suddenly, it’s more Silicon Valley than Upper East Side as staid formality gives way to a group of millennials, some in T-shirts with their sneakered feet on desks. Computer code is scrawled on whiteboards and the room’s glass wall. It is here where the storied auction house–founded in 1744–meets its future.

Continue reading… “Can AI have good taste? Auction giant Sotheby’s is counting on it”

Smart speakers are becoming so popular, more people will use them than wearable tech products this year

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Smart speaker users will reach 76.5 million by 2020, according to the latest eMarketer forecast.

The average smart speaker user is still an older, millennial male, but the devices are gaining traction with younger, Gen X women with kids.

Amazon Echo is the most popular, but is losing share. Google Home will likely slow Echo’s growth.

Smart speaker adoption has been so strong, US adult users will surpass wearable users this year.

Continue reading… “Smart speakers are becoming so popular, more people will use them than wearable tech products this year”

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