Authors
Thomas A. Campbell, PhD – Founder & President, FutureGrasp™, LLC[1] and Special Advisor, BootstrapLabs
Nicolai Wadstrom – CEO and Founder, BootstrapLabs
The Dream
Driving used to be a pleasure: the open road, Sunday drives, cruising on Main Street. Now it is more of a chore: traffic jams, road rage, avoiding distracted drivers. While in the last few years we have advanced with capabilities such as Waze and Google Maps in our unending quest to dodge traffic and still make it home in time for a hot dinner, the thrill of being in the driver’s seat is waning.
Moreover, there are few things that we spend more time doing than commuting. “New survey data show the average American’s commute inched up to 26.9 minutes from 26.6 minutes the previous year [based on a one-way commute], according to the U.S. Census Bureau’s 2017 American Community Survey.”[2] US cities with the worst traffic have more than 40 minute one-way commutes.[3] Thus, many commuters spend more than an hour of every workday just driving; our time is being consumed by this stressful and unproductive activity.
Finally, polluting cars are a significant source of carbon dioxide (CO2) emissions, a major contributor to climate change.[4] “EIA [Energy Information Administration] estimates that U.S. motor gasoline and diesel (distillate) fuel consumption for transportation in 2016 resulted in the emission of about 1,102 million metric tons of CO2 and 437 million metric tons of CO2, respectively, for a total of 1,540 million metric tons of CO2. This total was equal to 82% of total U.S. transportation sector CO2 emissions and equal to 30% of total U.S. energy-related CO2 emissions in 2016.”[5] Clearly, this is unsustainable.
So what might we do to realize the dual dreams of hassle-free, environmentally-friendly driving? One approach is to make our vehicles autonomous…to empower the car to do the thinking instead of the driver, and thus free us to do things other than focus on that next stop sign. Moreover, making autonomous vehicles (AVs) become electric vehicles (EVs) could be an even further victory for our environment.[6] This vision is being aggressively pursued by many companies and researchers; unfortunately, reality imposes several technical challenges.
Reality & Challenges
Autonomous vehicles have been considered possible with the right technology aids almost since the first mass assembly car was manufactured.[7] However, only in the last decade have AVs been taken seriously with recent advances in computation and sensors. Perhaps starting with Google’s initially secret Waymo project – itself stemming from Larry Page’s undergraduate vision of being chauffeured around Stanford University campus autonomously – AVs have started to gain traction.[8] Nevertheless, there remain many fundamental challenges, both technical- and policy-related, before we can take our eyes off the road. The one we’d like to focus upon in this note is the need for power.
A few years ago, the only EV many Americans had ever seen was a golf cart.[9] Surprisingly, several of the first automobiles were all-electric in the late 1800s. Popular in cities (where one could get electricity), EVs fell out of favor with the introduction of the mass-produced Ford Model T car, followed by the discovery in the United States of cheap Texas crude oil. EVs all but disappeared by 1935.[10]
With advances in technology – especially batteries that offer range up to 300 miles on one charge – EVs have experienced a resurgence in popularity. “Today, there are 23 plug-in electric and 36 hybrid models available in a variety sizes.”[10] The United States just exceeded one million EVs on the road.[11] [12] One of the leading companies developing EVs is Elon Musk’s Tesla. The Tesla Model 3 and its other brands are wonders of technology.[13] However, despite full touch-screen for nearly all its controls and many other technology perks,[14] Tesla cars would be just hunks of metal without power, as well as the computers for autonomous controls.
Power (Batteries vs. Fuel Cells)
Batteries have come a long way since Nikola Tesla himself did fundamental research on them in the late 1800s. Current go-to materials for EV power storage batteries include exotic compounds and elements such as nickel-cadmium, nickel-metal hydride, and lithium. “Lithium-ion (Li-ion) and Lithium-Iron-Phosphate (LiFePO4) cells have so far provided the biggest boost in energy density, between 300% and 400% more energy-dense than LA [lead-acid] batteries. Nissan Leaf, all Tesla vehicles, and most other electric cars and hybrid electric cars use Li-ion battery packs, though a few hybrid and electric car startups are toying with LiFePO4 chemistry.”[15]
Despite the popularity of Li-ion batteries, a lingering technical challenge is their long charge time and power required for each charge. A full-day charge for a Tesla Li-ion battery pack takes several hours and consumes about 2,500 Watts.[16] People who don’t have access to a charger at work typically charge their Tesla batteries overnight at home. Charging EVs puts a new strain on electrical grids.
Another option for powering EVs is the fuel cell, which has been around for decades.[17] “Like a battery, a fuel cell harnesses a chemical reaction to produce energy in the form of electricity. More specifically, hydrogen fuel cells generate electricity, water and heat from hydrogen and oxygen.”[18] A fundamental issue with hydrogen fuel cells is the storage of the hydrogen in the car before its use; one wants to have as much hydrogen as possible on-board in some compressed form to ensure long mileage. Simple hydrogen liquefication doesn’t go far enough; one must resort to trapping the H2 molecules inside or with other solid materials and then enabling their easy release.[19] Nanomaterials encapsulating or bonded to H2 have been researched for several years to do that.[20] Carbon buckyballs, nanotubes and other exotic molecular shapes have all been considered for their ability to store H2 and release it when needed. e.g., [21][22][23]
Despite their comparative environmental friendliness (hydrogen fuel cells emit only water vapor and warm air), fuel cells still have a ways to go before they can, if ever, usurp the efficiency and cost-effectiveness of batteries. “Hydrogen fuel cells offer a potentially very clean, energy dense and easy to recharge energy source for vehicles and other systems, but they are currently complicated, expensive and dangerous to operate. In comparison, lithium-ion batteries, although less energy dense and slower to recharge, are as clean, much cheaper, easier and safer to handle.”[18] Although a few models of automobile EVs powered by hydrogen fuel cells have been manufactured, they have not received wide adoption. Some fleets of buses, as well as forklifts, use hydrogen fuel cells. Wider adoption will require not only major advances in H2 storage capabilities, but also a substantially expanded fleet of charging stations dispersed across the United States.[24] For the next several years, we will most probably see hydrogen fuel cells in only limited use within EVs.
Sensors and Computation
One doesn’t realize it after some experience, but the action of driving actually requires substantial attention and skill. Distracted driving (whether via texting, taking a phone call, or drunk driving) is well-documented to cause accidents.[25] Clearly, computers don’t have the social or biological needs that humans do, but ultimately AV systems still have several significant technical specifications for sensors and computation – a few examples include:[26]
- High-resolution, 3D maps. When driving, one needs to know where one is going. While humans can look at maps and easily adjust to changing driving conditions, such actions are not trivial for an AV. “Self-driving cars currently lack the common sense needed to navigate using a traditional human map. Since they can’t interpret context, they need to rely on a map signal that doesn’t cut out in tunnels, waver in precision or fall out of date…these machine maps must meet several key demands:
- Incredible precision, so the car can compensate for its lack of understanding context and know where it is within 10 cm.
- Granular instructions, like which lane the car is in, the traffic rules that apply to that lane, and even overhead clearances and road elevation.
- Constant connection, which continues to provide information even when GPS signals are weak or missing.”[27]
- Advanced sensors systems – increasingly prototypes incorporate LiDAR, Radar and other sensor systems that compensate for the AV systems lack of ability in some areas, but also add capabilities beyond human drivers. BootstrapLabs’ portfolio company AEye is an example of such a technology.[28]
- Data processing. AVs place incredible demands on the volume of data needed to be processed rapidly. 5G or faster wireless speeds are said to be required. “When it comes to autonomous vehicles, the speeds and data processing capabilities needed to mimic the timing of human reflexes are incredible. Dr. Joy Laskar, co-founder and CTO of Maja Systems, believes the future self-driving car will generate approximately two petabits of data—the equivalent of two-million gigabits.”[29]
- Object identification. Is that a bicycle or a deer ahead? While easy for a human to discern objects, AVs have troubles. One of the grand challenges with AVs is that objects on the road are in motion—by themselves and/or relative to the AV itself. Thus, AVs must not only process static images, but also moving video data. Some researchers are resorting to infrared cameras to ensure object visualization and identification, even in the worst conditions.[30]
- Varying weather conditions. Whether you live in the mountains or on a beach, the weather can change quickly. Sensors must be able to accommodate the full spectrum of ambient conditions, including sun, rain, hail, snow, fog, ice and winds. Unfortunately, designing sensing capabilities that cover the full meteorological spectrum is challenging. “After years of testing, with hundreds of cars and vans deployed on public streets and private facilities, even the best autonomous-driving efforts still struggle with inclement weather…At the moment, autonomous cars rely on a patchwork of sensors: GPS, traditional cameras, radar, and lidar technology that bounces lasers off nearby cars and pedestrians. Mother Nature essentially sidelines two of those four applications: cameras are useless in fog and heavy snow, and lidar lasers careen wildly off raindrops and snowflakes. The remaining systems also have major deficiencies. GPS connections can be slow and spotty, and radar is lousy at distinguishing obstacles—is that a pedestrian or a seagull?”[31] New technologies and software are needed to ensure our trips aren’t limited by changing weather.
Opportunities for Applied Artificial Intelligence (AI)
The various challenges described above present unique opportunities, as well as the basic necessity, for Applied AI. As noted in a previous note from BootstrapLabs and FutureGrasp™, LLC,[32] AI can be leveraged positively for energy utilities. Similar thoughts apply in the context of EVs. Let’s review briefly how Applied AI can help us realize the dream of electrically powering AVs:
Advanced materials research. Over a hundred years ago, Thomas Alva Edison used a purely empirical approach to narrow his choice of a filament material for the first sustained light bulb. Later as computers became available, the ability to not only record data, but also to simulate how a material would behave with a given set of material properties and desired results became possible. Now with Applied AI we can take modeling advanced materials to a new level. Companies such as Citrine Informatics leverage AI and big data analytics to go way beyond the Edisonian approach. “Our platform ingests and analyzes vast quantities of technical data on materials, chemicals, and devices to streamline R&D, manufacturing, and supply chain operations for any organization that produces a physical product.”[33] Such AI-driven research can accelerate the development of new batteries and fuel cells. Instead of empirically assessing millions of compounds or spending countless hours programming and running simulations, AI can cut the time and budget spent on finding new advanced materials. Companies such as Toyota[34] and Tawaki,[35] as well as US Government efforts such as DARPA’s Make-It program[36] are using AI to tease out from Mother Nature new synthetic molecules that could be used in next-generation battery and fuel cell technologies.
Optimizing AV Performance. The aforementioned set of sensing and computation challenges for AVs all have two major issues in common: data and its processing. The sheer amount of data that a single AV accumulates on the road is astounding. “A single autonomous test vehicle produces about 30 TB per day, which is 3,000 times the scope of Twitter’s daily data.”[37] This volume of data overwhelms CPUs[38] or other lesser chips. On-edge computing (where the compute is done at the site of data generation) is also paramount as one would certainly prefer not to have loss of WiFi result in a sudden loss of computation and AV control. AI can assist with both these issues. Large data processing using AI with on-board GPU[39] packs is becoming now the go-to solution for AVs.[40][41]
Fulfilling the Dream
Autonomous vehicles powered by electricity require that AI move out of university and industry labs and into the real world—that it is actually “applied.” One means of making that happen is through the creation of start-ups that have a vision of changing the world. BootstrapLabs, a venture capital group in San Francisco, recognizes that challenge and invests in founders that dream big and are solving today’s hardest problems by applying AI to shape a better future.
Across the spectrum of challenges within AVs and EVs, applied AI has the potential to help resolve thorny problems, whether they be in discovering the next-generation advanced material for batteries or fuel cells, or in optimizing datasets and their processing. Achieving the dream of powering AVs will require capabilities beyond what a human or even big data analytics can accomplish. Ultimately, AI can help us make driving a pleasure again.
Notes (all web links accessed November 2018)
[1] FutureGrasp™, LLC, https://www.futuregrasp.com/
[2] G. Salvidia, “Stuck In Traffic? You’re Not Alone. New Data Show American Commute Times Are Longer,” September 20, 2018, NPR, https://www.npr.org/2018/09/20/650061560/stuck-in-traffic-youre-not-alone-new-data-show-american-commute-times-are-longer
[3] “These 25 cities have the worst commutes in America,” October 16, 2018, https://www.nwitimes.com/jobs/these-cities-have-the-worst-commutes-in-america/collection_2745a1a9-6757-59f3-a864-fd4a44cd212a.html#3
[4] Intergovernmental Panel on Climate Change, “Global Warming of 1.5°C,” http://www.ipcc.ch/report/sr15/
[5] U.S. Energy Information Association, Frequently Asked Questions, https://www.eia.gov/tools/faqs/faq.php?id=307&t=10
[6] Of course, a debate rages about whether EVs are actually more environmental than cars with combustion engines. Electricity doesn’t just magically appear – it has to come from somewhere, and those energy sources themselves may be big polluters. One must crawl down the whole electron chain to learn whether the local energy utility is primarily burning fossil fuels or using renewable energy sources.
[7] L. Dormehl, S. Edelstein, October 28, 2018, “Sit back, relax, and enjoy a ride through the history of self-driving cars,” Digital Trends, https://www.digitaltrends.com/cars/history-of-self-driving-cars-milestones/
[8] No pun intended
[9] Golf carts typically have speed-limit governors on them, as one author [TAC] experienced when he caddied in his teenage years. Some friends of his learned the hard way that disabling the governor still doesn’t give a cart enough power to jump a creek.
[10] “The History of the Electric Car,” September 15, 2014, Department of Energy, https://www.energy.gov/articles/history-electric-car
[11] M. Joselow, “The U.S. Has 1 Million Electric Vehicles, but Does It Matter?,” October 12, 2018, https://www.scientificamerican.com/article/the-u-s-has-1-million-electric-vehicles-but-does-it-matter/?utm_source=newsletter&utm_medium=email&utm_campaign=tech&utm_content=link&utm_term=2018-10-23_more-stories&spMailingID=57626706&spUserID=MTExNTAyMjAzODk1S0&spJobID=1503280707&spReportId=MTUwMzI4MDcwNwS2
[12] Although one million vehicles still only represents less than one percent of all wheels on roads in the United States
[13] Tesla, https://www.tesla.com/
[14] Including its 2017 Easter Egg of a software upgrade: ‘Ludicrous Mode,’ providing 0-60 mph in under 2.3 seconds
[15] Chilton, “A Short History of Electric Car Batteries,” http://blog.chiltondiymanuals.com/short-history-electric-car-batteries/
[16] Energy Sage, “Tesla Model S and Model X charging: everything you need to know,” March 27, 2018, https://www.energysage.com/electric-vehicles/charging-your-ev/charging-a-tesla/
[17] One author [TAC] saw a prototype hydrogen fuel cell car at General Motors (GM) in 1990 during his mechanical engineering summer internship there. Sadly, the vehicle never made it off the research floor.
[18] E. Wertheimer, “Hydrogen Fuel Cells vs Lithium-ion Batteries in Electric Vehicles,” June 20, 2018, Furo Systems, https://www.furosystems.com/news/hydrogen-fuel-cells-vs-lithium-ion-batteries-in-electric-vehicles/
[19] Department of Energy, “Hydrogen Storage – Basics,” https://www.energy.gov/eere/fuelcells/hydrogen-storage-basics-0
[20] “Basic Research Needs for the Hydrogen Economy,” May 13-15, 2003, https://science.energy.gov/~/media/bes/pdf/reports/files/Basic_Research_Needs_for_the_Hydrogen_Economy_rpt.pdf
[21] E. Erünal, F. Ulusal, M.Y. Aslan, B. Güzel, D. Üner, “Enhancement of hydrogen storage capacity of multi-walled carbon nanotubes with palladium doping prepared through supercritical CO2 deposition method,” International Journal of Hydrogen Energy, 43 (23), June 7, 2018, 10755-10764, https://www.sciencedirect.com/science/article/pii/S0360319917346967
[22] T. Liu, “Buckyball’s Hydrogen Spillover Effect at Ambient Temperature Observed Experimentally for the First Time,” March 26, 2018, Chemical Communications Blog, http://blogs.rsc.org/cc/2018/03/26/buckyballs-hydrogen-spillover-effect-at-ambient-temperature-observed-experimentally-for-the-first-time/
[23] Y. Liu, et al., “Metal-assisted hydrogen storage on Pt-decorated single-walled carbon nanohorns,” 50 (13), November 2012, 4953-4964, https://www.sciencedirect.com/science/article/pii/S0008622312005349
[24] Wikipedia, “Fuel Cell Vehicle: Buses,” https://en.wikipedia.org/wiki/Fuel_cell_vehicle#Buses
[25] National Safety Council, “Distracted Driving Research, Infographics,” https://www.nsc.org/road-safety/safety-topics/distracted-driving/research
[26] A. Marshall, “After Peak Hype, Self-Driving Cars Enter The Trough Of Disillusionment,” December 29, 2017, WIRED, https://www.wired.com/story/self-driving-cars-challenges/
[27] N. Garg, “Self-driving cars need a new kind of map,” https://www.axios.com/self-driving-cars-need-a-new-kind-of-map-df0b7e69-e0fb-4a8e-a865-24bc96708103.html
[28] AEYE, https://www.aeye.ai/
[29] B. Khosravi, “Autonomous Cars Won’t Work – Until We Have 5G,” March 25, 2018, Forbes, https://www.forbes.com/sites/bijankhosravi/2018/03/25/autonomous-cars-wont-work-until-we-have-5g/#614ff971437e
[30] N. Pinon, “Next-generation technology is coming to a self-driving car near you,” November 7, 2018, PhysOrg, https://phys.org/news/2018-11-next-generation-technology-self-driving-car.html
[31] K. Stock, “Self-Driving Cars Can Handle Neither Rain nor Sleet nor Snow,” September 17, 2018, Bloomberg Businessweek, https://www.bloomberg.com/news/articles/2018-09-17/self-driving-cars-still-can-t-handle-bad-weather
[32] T. Campbell, N. Wadstrom, (November 26, 2018), “Banish the Darkness with Artificial Intelligence,” BootstrapLabs Blog, https://bootstraplabs.com/blog/2018/11/26/banish-the-darkness-with-artificial-intelligence/
[33] Citrine Informatics, https://citrine.io/
[34] M. Moon, “Toyota is using AI to hunt for new battery materials,” March 30, 2017, https://www.engadget.com/2017/03/30/toyota-research-ai-battery-material-hunt/
[35] Tawaki, “What If Artificial Intelligence Finds New Battery Materials,” June 1, 2017, http://www.tawaki-battery.com/artificial-intelligence-new-battery-materials/
[36] Make It, DARPA, https://www.darpa.mil/program/make-it
[37] J.A. Amend, “Storage Almost Full: Driverless Cars Create Data Crunch,” January 17, 2018, https://www.wardsauto.com/technology/storage-almost-full-driverless-cars-create-data-crunch
[38] Central processing units
[39] Graphics processing units
[40] See for example, NVIDIA’s overview of GPUs in AVs: https://www.nvidia.com/en-us/self-driving-cars/drive-platform/
[41] For an overview of advanced semiconductor technologies relative to AI see: T. Campbell & R. Meagley, Next-Generation Compute Architectures Enabling Artificial Intelligence – Part I of II, 2 FEB 2018, https://www.futuregrasp.com/next-generation-compute-architectures-enabling-artificial-intelligence-part-I-of-II and T. Campbell & R. Meagley, Next-Generation Compute Architectures Enabling Artificial Intelligence – Part II of II, 8 FEB 2018, https://www.futuregrasp.com/next-generation-compute-architectures-enabling-artificial-intelligence-part-II-of-II
BootstrapLabs at The World’s Largest Entrepreneurship Conference
/in Blog, Insights, Nicolai Wadstrom /by Mark MavroudisEVENT: TiEcon 2019, May 10th and 11th, Santa Clara Convention Center
Nicolai Wadstrom, Founder and CEO of BootstrapLabs, will be interviewed live on stage at TiEcon 2019. Nicolai will share his story and explain how BootstrapLabs has become a leading Venture Capital firm in Applied Artificial Intelligence.
TiEcon is the largest technology anchored conference dedicated to fostering entrepreneurship. It has attracted over 60,000 entrepreneurs and professionals from over 50 countries in the past. Last year alone, there were over 5,000 participants from 19 countries.
TiEcon 2019 will focus on the hottest areas of innovation including AI/machine learning, security, FinTech, and digital health, in addition to hosting its flagship tracks on “entrepreneurship how-tos”, youth, and women.
Nicolai will be interviewed during a FIRESIDE CHAT on Friday, May 10th, from 3:00 to 3:30 pm. Join him and learn how BootstrapLabs selects, invests and supports the best Applied AI entrepreneurs.
This year, along with Nicolai, many other industry leaders will join the conference including Eric S. Yuan, CEO of Zoom, Ashish Bansal, AI Leader, ML Engineering at Twitter, and many C-level executives from companies such as Adobe, NVIDIA, Salesforce, McKinsey, FedEX, Oracle, IBM, and many others.
To sign up for our mailing list, click here.
AI, Geopolitics, and National Security:
/in AI, AI News, artificial intelligence, Blog, Event /by BootstrapLabsYour Information and Your Nation
Hacking is on the world stage again this week after Julian Assange, founder of WikiLeaks, was arrested in London and accused by U.S. authorities of conspiring with former Army intelligence officer Chelsea Manning leading to what is described as “one of the largest compromises of classified information in the history of the United States.” While some see Assange’s case as one strictly about freedom of speech and others see it as a question of security, his arrest brings the reality of hacking back into the spotlight, reminds governments and citizens alike about the potential vulnerability of the information they have stored digitally.
Experts suggest that this vulnerability can be pinned on the lack of attribution models, an integrated identity, and the complexity of establishing global privacy and ethical standards within the core building blocks of the Internet. While the general public watches tensions between super-powers mount on the international stage, trade tensions escalate, and the frequency and severity of cyber attacks amplify, what most don’t know is how artificial intelligence is playing an increasing role and intensifying what is at stake. This, of course, has not been lost on those in both the private and public sector who understand that how governments and the private sector engage with AI may very well dictate their future economic strength and security posture. And yet, while many countries are active in AI, only a few have a planned national strategy for employing the technology.
As nations continue to invest in the implementation of AI, geopolitics will change irreversibly. But how remains to be seen. Experts from the United Nations and World Economic Forum explain what plans nations are already making at this year’s annual BootstrapLabs’ Applied AI Conference.
It is a critical time for nations as AI technology is rapidly developing and has already contributed to the exacerbation of state actors, terrorist organizations, and criminals’ political and ideologically motivated use of the internet for financial gain and power grabs. And when projecting into the future, some think things will only escalate, “Eventually geopolitics will no longer be territorial…but will reside mainly in the neuro- technological complex. We need to prepare ourselves for fierce power battles… plots, power grabs, secessions, manipulations, traitors and malevolence that will make the Wannacry and Petya viruses of spring 2017 seem harmless in comparison.”
But AI can also be applied as a method to not only alleviate such threats, but also strengthen our existing digital infrastructures and create stronger platforms for the future stability, economic prosperity, and security of our society, companies, and citizens. In a fireside chat at AAI19, specialists from U.S. Department of Homeland Security, Quantum Vault Inc., Atlas Organization, and MobiledgeX join to discuss what the industry can anticipate in the next few years across the security domains that AI will impact.
To further unpack the relationship between AI and national security, panelists from the Technology for Global Security, U.S. Department of Homeland Security, and Defense Innovation Unit discuss key topics covered in the annual unclassified US National Intelligence Report and what they are doing within their respective organizations to accelerate the discovery, development, vetting, adoption, and deployment of AI and other new technologies in service of protecting American lives and interests around the world.
Want to learn more about how to become engaged, what you can do, where you should look to get involved and have a broader impact, and how the Defense Innovation Unit and Department of Homeland Security are making it easier for companies to get engaged and navigate the federal marketplace? Then join us this Thursday at BootstrapLabs Applied AI Conference.
Trains, Planes, and Automobiles:
/in AI, AI News, artificial intelligence, Blog, Event /by BootstrapLabsThe Necessity of Real-Time Processing in Autonomous Vehicles
When thinking about autonomous vehicles, it’s easy to focus on driverless cars, how your commute to work will change, how your drives with the family will be filled with board games instead of “are we there yet?” The technology has been parodied in the HBO show Silicon Valley, is roaming the streets of San Francisco and Hamburg, and is the unforgettable protagonist in a vehicular accident that led to a man’s decapitation.
Whether you are trepidatious or excited, self-driving technology is inevitable. For the folks working to get the technology ready for wide-spread deployment, the trick is making sense of the road in real time, not if the driver’s seat can rotate to face backwards.
Ultimately, the concept of a driverless vehicle is simple, a vehicle that drives itself. But the mechanics of how that vehicle drives all by itself is where the challenge lies. In order to work without human intervention, driverless vehicles are “permanently surveying the road and sending relevant bits of information up to the cloud,” explains Christoph Grote, SVP of Electronics at BMW. But the trick is knowing and catching the “relevant” information. And this is not easy.
AEye, an artificial perception technology company, focuses their work specifically in the space of creating tech that is able to abstract and extract meaningful and necessary information from a car’s environment. Namely, they are creating AI-enabled sensors that enable vehicles to “think like a robot, perceive like a human” – seeing, classifying, and responding to an object, whether it is a parked car, or a child crossing the street, in real time and before it’s too late.
What AEye understood, is that in order to create technology that can perceive like a person and think like a robot they needed a rocket scientist (almost) literally. The Chief Scientist at AEye, Dr. Allan Steinhardt, serves this function. Dr. Steinhardt is an expert on radar and missile defense, including ground moving target indicator radars (so, a radar and missile scientist if you want to get nit-picky about the rocket analogy); space surveillance; and he is the former Chief Scientist for DARPA.
At this year’s BootstrapLabs Applied Artificial Intelligence Conference, Dr. Steinhardt delivers a keynote on how transportation AI is uniquely different from other applications of AI. In addition to exploring how AI is augmenting the collection and interpretation of environmental data the car must process, he will also address the very environments these autonomous vehicles will be driving in: the cities of the future.
It is easy to get fixated on the gadget. We are primed to want the newest artifact of technology, be it the newest phone, scooter-rideshare, or smart speaker. What is easily forgotten is the network that these technologies rely on. Up until now, the landscape of things needing internet connectivity has been able to rely on either WiFi or 4G. Autonomous vehicles, and the reams of data they are reliant on processing and distributing, require much more bandwidth. Christoph Grote explains that driverless cars are continuously gathering data from their environments, “generating a true, real-time map of a car that is pushed down to all the other cars…autonomous driving is not the capability of a car, it is really about swarm intelligence.” And in order to do this, autonomous vehicles will need to be able to connect to 5G.
The cities of the future will be increasingly optimized to support automated functionality, including autonomous driving. But how, you ask? Join Dr. Allan Steinhardt’s keynote at AAI19 to find out.
Human Capital in the Age of Artificial Intelligence
/in AI, artificial intelligence, Blog, Event /by BootstrapLabsWill Your Job be Taken Over by Robots?
In 1589, a British inventor introduced his invention, the Knitting Machine, to the Queen of England expecting to be granted a patent. Instead, she replied, “Consider thou what the invention could do to my poor subjects. It would assuredly bring to them ruin by depriving them of employment, thus making them beggars.”
The fear that technology will displace workers is not a new fear—but it is certainly a trending-fear, with a web app to match. Workers are not unfamiliar with skepticism about how new technology will change their job or make it obsolete. But the true fear the workforce has about new technology, especially automation, is not about losing a job, but about having an employable skill set. And from there, it is a slippery slope to worrying about becoming destitute.
In 2013, researchers at the University of Oxford estimated that 47 percent of US employment is at “high-risk” for complete automation within two decades. Should their estimations be correct, we can expect that roughly 65 million Americans will not only be out of a job, but will have been asked to leave their jobs because their skill set had become obsolete, taken over by automation. Given that these are conservative estimates, perhaps it is time to get worried.
But not so fast.
Despite the dreaded prediction, that over 500 million people worldwide will lose their jobs in the first wave of the Fourth Industrial Revolution (4IR) to automation, experts agree that people, with their inherently human social savvy and creativity, will continue to remain the main drivers of innovation.
At this year’s BootstrapLabs Applied Artificial Intelligence Conference, experts from companies working to manage the transition to automation and insiders at companies like Facebook, Adobe, and Microsoft working internally to prepare for this upcoming shift in their workplaces, will discuss the Future of Work in the Age of AI.
Industry thought leaders, like Oliver Brdiczka who is building Adobe’s AI assistant and Noelle LaCharite who is working to educate developers for Microsoft about AI, are dedicated to making AI understand and respond to human behavior. Rather than sacrificing human intelligence to the might of AI, as science fiction might have us believe is our inevitable future, they are focused on harnessing human intelligence. This new wave of AI, called Contextual and Conversational AI, trusts that artificial intelligence is hardly intelligent without human intelligence, cementing the future for human capital. In fact, valuing human intelligence aids in securing human capital’s place as the most valuable resource of any company.
And yet, even if human intelligence dominates work culture, the working landscape is still destined to change in the face of artificial intelligence and machine learning technology in the workplace. And it’s going to change fast. In fact, it is the industries that are most increasingly reliant on automated work, that will need to most-quickly consider how to adapt in stride with the developments of AI and how to rethink frameworks for sound management in a world of work supported by automation, lest failure. That’s where Dinkar Jain, Head of Machine Learning for Facebook Ads, is focusing his attention: the future of management and business practices in the Age of AI.
Despite the centuries-old hesitations of the labor force surrounding the adoption of new technology, historical data shows that technology has actually created more jobs than it has displaced or made obsolete.
But the big question in a time where artificial intelligence and machine learning are leading rapid developments in automation is: will it be different this time?
Find out from the experts, and learn how to prepare and transition today’s human capital into their roles of tomorrow at AAI19.
Get your tickets today, For a limited time, get 50% off on registration using promo code: AAI1950Percent
BootstrapLabs AAI18 Keynote and Fireside Chat – SoftBank Robotics AI Vision 2020
/in AI, artificial intelligence, Blog, BootstrapLabs /by BootstrapLabsDon’t miss this year’s Applied AI Conference 2019
on April 18th in San Francisco
Join thought leaders leveraging AI applications to build the future of enterprise, corporations, governments, and society as we know it.
For a limited time, get 50% off on registration using promo code AAI1950Percent
In the meantime, please enjoy some of our favorite sessions from 2018:
Speakers:
During this session, the speakers discussed AI in robotics, and where SoftBank sees the future going in the next few years, some of the key challenges in hospitality and how companies can partner with SoftBank and the 2020 Vision.
Some of the key takeaways from the session are:
About Steve Carlin:
Steve Carlin leads SoftBank Robotics America and is the global Chief Strategy Officer. In this role, he acts as the General Manager for the Americas region and oversees global marketing, product and strategy. Carlin most recently came from Facebook where he held the role of Global Head of Strategy – Gaming. Prior to Facebook, Carlin was the Senior Director of Marketing and Insights for Ubisoft. He also held a series of roles in sales, shopper marketing, brand management, and strategy at Energizer and Procter & Gamble. He holds a BA in Geology from Miami University in Oxford, Ohio, and an MBA in Marketing and International Business from Goizueta Business School. He has also studied at Cornell, HEC business school in Paris and the UIBE business school in Beijing.
About Ben Levy:
Ben is a Co-founder and Partner at BootstrapLabs, a leading Venture Capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. Prior to BootstrapLabs, Ben was repeat entrepreneur who launched, built, and exited two startups in the financial technology space, Praedea Solution and InsideVenture. He also was a Technology, Media, and Telecom Investment Banker who advised startup founders and CxOs of Fortune 500 companies on corporate strategy, financing, and M&A. Over a period of 10 years, Ben helped his clients raise over $300M from institutional investors and close over $5B in M&A transactions. Ben is a frequent keynote and panel speaker on innovation, technology investing, entrepreneurship, artificial intelligence, and globalization in the US, Europe, and Asia.
About Doug Aley:
Doug Aley has spent his career helping to found, lead, and scale startups. He is currently Ever AI’s CRO and a principal at Atomic Ventures. Prior to Ever AI, he held positions early in his career at Amazon, was VP of Marketing, Product, and Business development at Jott Networks, helped Zulily scale from $100M to $700M as VP of Product and Corporate Development, held the same role at Room77, and started and led Minted’s digital growth team. Mr. Aley holds a BA from Stanford University and an MBA from Harvard Business School, and lives in Greenbrae, CA with his wife, Susan, and their two boys.
BootstrapLabs AAI18 Panel – AI Policymakers: the Need for Public/Private Partnership
/in AI, artificial intelligence, Blog, BootstrapLabs /by BootstrapLabsOver the next several weeks we’ll be releasing the videos from the sessions from the BootstrapLabs Applied AI Conference 2018. The yearly conference organized by BootstrapLabs, a leading Venture Capital firm focused on Applied AI, that brings together over 800 members of the Artificial Intelligence community for a day of incredible speakers and exciting conversations.
Join the Applied AI Conference 2019, on April 18, in San Francisco
Join thought leaders leveraging AI applications to build the future of enterprise, corporations, governments, and society as we know it.
A limited number of tickets are currently on sale at the Early Bird price ($1040 off) ENDING MARCH 15TH!
Moderator: Jane Macfarlane, CEO, Seurat Labs / Director – Smart Cities, UC Berkeley
Speakers:
During this session, the panelists discussed AI in the context of regulation, the role of government in fostering and leveraging emerging technologies and the reasons why we need better public/private collaboration.
Some of the key takeaways from the session are:
About Jane Macfarlane:
Jane Macfarlane is the CEO of Seurat Labs and is also the Director of Smart Cities and Sustainable Mobility at the University of California at Berkeley. Dr. Macfarlane has over 30 years of experience in high performance computing, data analytics and geospatial mapping. She has held various roles responsible for directing industry research groups including: Chief Scientist and Head of Research for HERE, VP of Process Engineering at Imara, and Director of Advanced Technology Planning for OnStar at General Motors. She has authored 26 patents, primarily in geospatial data analytics. She holds a Ph.D. in Mechanical Engineering from the University of Minnesota. Currently she is leading a DOE National Laboratory effort focused on the use of High Performance Computing to address Big Data Issues in transportation systems.
About Kay Firth-Butterfield:
Kay Firth-Butterfield is the Head of AI & ML at the World Economic Forum and is a Barrister-at-Law and former part-time Judge in the UK. She is an Associate Fellow of the Centre for the Future of Intelligence at Cambridge and Fellow of the Robert E. Strauss Center on international Security and Law at the University of Texas. She is Vice-Chair of the IEEE Initiative on Ethical Considerations in AI and Autonomous Systems. She is one of Robohub’s top 25 Women in Robotics and co-founded AI-Austin, AI-Global and the Consortium for Law and Policy of AI and Robotics.
About Norma Krayem:
Norma Krayem is a Senior Policy Advisor and Co-Chair of the Holland & Knight Global Cybersecurity and Privacy Team. She brings more than 20 years of experience within the global policy-making arena including executive-level positions in the U.S. Departments of State, Commerce and Transportation, and as a consultant at the Federal Emergency Management Agency (FEMA). She works on a daily basis with the White House, Executive Branch and Congress on a host of matters, including Homeland Security, Commerce, Defense, Treasury, Transportation among others. She is a member of The Chatham House and served on the prestigious CSIS Cybersecurity Task Force from 2015-2017.
About Raj Minhas:
Raj Minhas is Vice President and Director of the Interactions and Analytics Lab (IAL) at PARC. Research in IAL focuses on people and their behaviors. Raj joined PARC in September 2013 as the Program Manager for Prognostics and Health Management and was responsible for the strategy and execution for the commercialization of the related technologies. Prior to PARC, he was the Director of Xerox Research Center India where he led its growth, development, and outreach for two years. Raj earned his Ph.D. and M.S. in Electrical and Computer Engineering from University of Toronto and B.E. from Delhi University. He has eight patents and six pending patent applications.
Applied AI Digest 149
/in Applied AI Digest /byThe latest Data, Insights, and Inspiration about Applied AI
Every week the BootstrapLabs team curates the most interesting and current articles on Artificial Intelligence. Here are our picks for the first week of February 2019.
What an American artificial intelligence initiative really needs
At a high level, the American AI Initiative seems to be headed in the right direction. We absolutely need a holistic approach that considers all the various areas that are critical to building innovative AI solutions… read more
White House science chief: ‘We don’t really have a clue’ about number of AI researchers
President Donald Trump, through an executive order he signed last Monday, doubled down on making artificial intelligence research a top priority for the public and private sectors. But the new head of the White House’s Office of Science and Technology Policy said the United States lacks answers to basic questions about the current state of AI research… read more
Georgia Tech develops MyPath app to help cancer patients with artificial intelligence
Artificial intelligence (AI) is finding its way into many areas of healthcare, now including mobile devices, thanks to an application designed by the Georgia Institute of Technology to guide and support cancer patients… read more
WILL AI ACHIEVE CONSCIOUSNESS? WRONG QUESTION
WHEN NORBERT WIENER, the father of cybernetics, wrote his book The Human Use of Human Beings in 1950, vacuum tubes were still the primary electronic building blocks, and there were only a few actual computers in operation… read more
AI fake face website launched
A software developer has created a website that generates fake faces, using artificial intelligence (AI)… read more
Upcoming Events
Don’t miss the opportunity to network with the world’s leading AI experts at our Applied AI Conference on April 18, 2019!
Our line up of SPEAKERS is continuing to grow:
Visit our registration page today to learn about our recently added Pre-Conference Applied Artificial Intelligence Workshop For Executives and to SAVE $1040 on tickets!
Leaders in AI
In case you missed our BootstrapLabs Applied Artificial Intelligence Conference 2018, we’d like to share with you a portion of the highlights and discussions about interesting sectors like Health, Transportation, Logistics, Energy, and more.
Check out our 2018 Conference Highlight Video below along with a panel discussion on “How AI Shapes the Future of Our Energy System.” If you’re curious and would like to explore more topics on AI, see our YouTube Channel.
AAI18 Conference Highlights
How AI Shapes the Future of Our Energy System
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Applied AI Digest 148
/in Applied AI Digest /by BootstrapLabsThe latest Data, Insights, and Inspiration about Applied AI
Every week the BootstrapLabs team curates the most interesting and current articles on Artificial Intelligence. Here are our picks for the first week of February 2019.
Venture Capital Funding For Artificial Intelligence Startups Hit Record High In 2018
As venture capital (VC) funding nears record since the dot-com era, with U.S. companies raising $99.5 billion versus $119.6 billion in 2000 according to the latest PwC MoneyTree Report, AI startups also experienced their best year ever, raising a record $9.33 billion, or nearly 10% of last year’s total VC investments… read more
Trump Signs Executive Order Promoting Artificial Intelligence
President Trump signed an executive order Monday meant to spur the development and regulation of artificial intelligence, technology that many experts believe will define the future of everything from consumer products to health care to warfare… read more
We analyzed 16,625 papers to figure out where AI is headed next
Almost everything you hear about artificial intelligence today is thanks to deep learning. This category of algorithms works by using statistics to find patterns in data, and it has proved immensely powerful in mimicking human skills such as our ability to see and hear… read more
Valued raises $1.7 million for Slack chatbot to combat workplace harassment
Workplace harassment is depressingly common. The U.S. Equal Employment Opportunity Commission received 90,000 complaints in 2015, and it estimates that three-fourths of all incidents go unreported… read more
BootstrapLabs Sees Massive Opening in AI for Energy: Q&A
BootstrapLabs, a California-based venture-capital investor focused on finding startups that apply artificial intelligence to industrial problems, is turning its attention to the energy sector… read more
Upcoming Events
Don’t miss the opportunity to network with the world’s leading AI experts at our Applied AI Conference on April 18, 2019!
Our line up of SPEAKERS is continuing to grow:
Visit our registration page today to learn about our recently added Pre-Conference Applied Artificial Intelligence Workshop For Executives and to SAVE $1040 on tickets!
Leaders in AI
In case you missed our BootstrapLabs Applied Artificial Intelligence Conference 2018, we’d like to share with you a portion of the highlights and discussions about interesting sectors like Health, Transportation, Logistics, Energy, and more.
Check out our 2018 Conference Highlight Video below along with a panel discussion on “AI Policymakers: The Need for Public/Private Partnership.” If you’re curious and would like to explore more topics on AI, see our YouTube Channel.
AAI18 Conference Highlights
AI Policymakers: The Need for Public/Private Partnerships
WANT TO JOIN US AT THE NEXT AI EVENT?
Sign up for our newsletter to receive updates – subscribe here.
Applied AI Digest 147
/in Applied AI Digest /by BootstrapLabsThe latest Data, Insights, and Inspiration about Applied AI
Every week the BootstrapLabs team curates the most interesting and current articles on Artificial Intelligence. Here are our picks for the first week of February 2019.
1 big thing: Chess schmess. AI tries Pictionary
For several years, computers have made short work of human champions in Go and chess. Now, artificial intelligence researchers are attempting an improbable path even closer to human capability… read more
Making New Drugs With a Dose of Artificial Intelligence
Every two years, hundreds of scientists enter a global competition. Tackling a biological puzzle they call “the protein folding problem,” they try to predict the three-dimensional shape of proteins in the human body… read more
New collaboration sparks global connections to art through artificial intelligence
MIT designers, researchers, and students collaborate with The Metropolitan Museum of Art and Microsoft to improve the connection between people and art… read more
Applying artificial intelligence for social good
Artificial intelligence (AI) has the potential to help tackle some of the world’s most challenging social problems. To analyze potential applications for social good, we compiled a library of about 160 AI social-impact use cases… read more
Buying and Adoption Readiness for AI (AI Zeitgeist 5)
It’s a common psychological phenomenon: repeat any word enough times, and it eventually loses all meaning, disintegrating like soggy tissue into phonetic nothingness. For many of us, the phrase “artificial intelligence” fell apart in this way a long time ago… read more
Upcoming Events
Don’t miss the opportunity to network with the world’s leading AI experts at our Applied AI Conference on April 18, 2019!
We are happy to announce the first group of SPEAKERS:
Register today and SAVE $1040!
Leaders in AI
In case you missed our BootstrapLabs Applied Artificial Intelligence Conference 2018, we’d like to share with you a portion of the highlights and discussions about interesting sectors like Health, Transportation, Logistics, Energy, and more.
Check out our 2018 Conference Highlight Video below along with a panel discussion on “AI Policymakers: The Need for Public/Private Partnership.” If you’re curious and would like to explore more topics on AI, see our YouTube Channel.
AAI18 Conference Highlights
Keynote & Fireside Chat – Death of Moore’s Law
WANT TO JOIN US AT THE NEXT AI EVENT?
Sign up for our newsletter to receive updates – subscribe here.
BootstrapLabs To Speak at The SuperReturn US West Private Equity Venture Capital Conference, Feb 11-13
/in Blog, Nicolai Wadstrom /by BootstrapLabsBootstrapLabs Founder & CEO, Nicolai Wadstrom, and Co-Founder, Benjamin Levy, will be speaking at the SuperReturn US West Private Equity Venture Capital Conference in Los Angeles on February 11th and 13th, 2019.
The conference will bring together over 300 of the leading players in private equity and venture capital from the West Coast, for an unparalleled opportunity to meet, learn and create new business ventures.
Nicolai and Ben, along with other leading industry experts will share their strategies and insights, and discuss the trends, opportunities and challenges facing the future of venture capital.
If you’re in the area, come see BootstrapLabs participate in this influential conference. For a 10% discount, purchase your ticket here and enter following code:
FKR2488EMSPK
BootstrapLabs will be hosting a reception in a private villa in the Beverly Glen area of Los Angeles on Monday, February 11th, from 6:30 to 9:00 pm.
We are inviting family offices, institutional investors, and other limited partners who are interested in decoding the AI trends, their impact on existing portfolio allocations, and capture what promises to be one of the largest wealth creation opportunities of the next decade.
If you are interested in joining please contact events@bootstraplabs.com.
Agenda Featuring BootstrapLabs
Feb 11, 09:20 – 10:00
Benjamin Levy will be participating onstage as a panelist. The discussion will cover the following topics.
Title: Future gazing: how will the VC landscape change by 2030?
Additional Panelists
Feb 13, 15:40 – 17:20
Nicolai Wadstrom will be participating onstage as a panelist. The discussion will cover the following topics.
Title: Technology spotlight – Rotating roundtable presentations and Q&A
Examining the most influential technologies; what they are, what makes them important, and how to invest – 10 minutes on each topic then delegates change table.
Additional Panelists
For more information please visit the conference website.
Applied AI Digest 146
/in Applied AI Digest /by BootstrapLabsThe latest Data, Insights, and Inspiration about Applied AI
Every week the BootstrapLabs team curates the most interesting and current articles on Artificial Intelligence. Here are our picks for the fifth week of January 2019.
Singapore Releases Framework On How AI Can Be Ethically Used
Singapore has released a framework on how artificial intelligence (AI) can be ethically and responsibly used, which businesses in the Republic and elsewhere can adopt as they grapple with issues that have emerged with new technology… read more
AI Is Still On Course to Outpace Human Intelligence
The Singularity is near(er)! At least, that’s what the famous inventor and futurist Ray Kurzweil argues… read more
If AI Is The New Electricity, Who Is The Samuel Insull?
Andrew Ng repeatedly compares AI to electricity, positioning AI as a technology that will be everywhere, and in everything. But if you study the history of electricity adoption in the United States, it was not always on track for ubiquity. With all the attention paid to Tesla, Edison, Westinghouse, and others, the real brains behind mass adoption of electricity was Samuel Insull… read more
AI Can Now Decode Words Directly From Brain Waves
Neuroscientists are teaching computers to read words straight out of people’s brains… read more
THE STATE OF AI IN 2019
It’s a common psychological phenomenon: repeat any word enough times, and it eventually loses all meaning, disintegrating like soggy tissue into phonetic nothingness. For many of us, the phrase “artificial intelligence” fell apart in this way a long time ago… read more
The Hidden Automation Agenda of the Davos Elite
DAVOS, Switzerland — They’ll never admit it in public, but many of your bosses want machines to replace you as soon as possible… read more
Upcoming Events
Don’t miss the opportunity to attend our Applied AI Conference on April 18, 2019!
We are happy to announce the first group of SPEAKERS:
Register today and SAVE $1040!
Leaders in AI
In case you missed our BootstrapLabs Applied Artificial Intelligence Conference 2018, we’d like to share with you a portion of the highlights and discussions about interesting sectors like Health, Transportation, Logistics, Energy, and more.
Check out our 2018 Conference Highlight Video below along with a panel discussion on “AI Policymakers: The Need for Public/Private Partnership.” If you’re curious and would like to explore more topics on AI, see our YouTube Channel.
AAI18 Conference Highlights
AI Policymakers: The Need for Public/Private Partnership
WANT TO JOIN US AT THE NEXT AI EVENT?
Sign up for our newsletter to receive updates – subscribe here.
BootstrapLabs on Bloomberg News
/in Blog, BootstrapLabs, News, Nicolai Wadstrom /by BootstrapLabsIn December 2018, our CEO and Founder, Nicolai Wadstrom, met with Danya Liu, Emerging Technology Analyst at Bloomberg NEF in San Francisco. He shared some details about the BootstrapLabs investment strategy, and his vision on how Artificial Intelligence will impact our world.
Each month Bloomberg features a strategic investor active in one of the key industries they track. Their profiles provide an outline of the main investors, portfolio companies, characteristics, and strategies involved in the company, as well as their own opinion on what makes their operation so interesting.
We are pleased to share with our community the first Bloomberg Tech Radar report of 2019, featuring BootstrapLabs. You can access a copy of the report (courtesy of BloombergNEF) by clicking on this link or the image below, and entering your email address.
Powering Autonomous Dreams
/in Blog, Nicolai Wadstrom /by BootstrapLabsAuthors
Thomas A. Campbell, PhD – Founder & President, FutureGrasp™, LLC[1] and Special Advisor, BootstrapLabs
Nicolai Wadstrom – CEO and Founder, BootstrapLabs
The Dream
Driving used to be a pleasure: the open road, Sunday drives, cruising on Main Street. Now it is more of a chore: traffic jams, road rage, avoiding distracted drivers. While in the last few years we have advanced with capabilities such as Waze and Google Maps in our unending quest to dodge traffic and still make it home in time for a hot dinner, the thrill of being in the driver’s seat is waning.
Moreover, there are few things that we spend more time doing than commuting. “New survey data show the average American’s commute inched up to 26.9 minutes from 26.6 minutes the previous year [based on a one-way commute], according to the U.S. Census Bureau’s 2017 American Community Survey.”[2] US cities with the worst traffic have more than 40 minute one-way commutes.[3] Thus, many commuters spend more than an hour of every workday just driving; our time is being consumed by this stressful and unproductive activity.
Finally, polluting cars are a significant source of carbon dioxide (CO2) emissions, a major contributor to climate change.[4] “EIA [Energy Information Administration] estimates that U.S. motor gasoline and diesel (distillate) fuel consumption for transportation in 2016 resulted in the emission of about 1,102 million metric tons of CO2 and 437 million metric tons of CO2, respectively, for a total of 1,540 million metric tons of CO2. This total was equal to 82% of total U.S. transportation sector CO2 emissions and equal to 30% of total U.S. energy-related CO2 emissions in 2016.”[5] Clearly, this is unsustainable.
So what might we do to realize the dual dreams of hassle-free, environmentally-friendly driving? One approach is to make our vehicles autonomous…to empower the car to do the thinking instead of the driver, and thus free us to do things other than focus on that next stop sign. Moreover, making autonomous vehicles (AVs) become electric vehicles (EVs) could be an even further victory for our environment.[6] This vision is being aggressively pursued by many companies and researchers; unfortunately, reality imposes several technical challenges.
Reality & Challenges
Autonomous vehicles have been considered possible with the right technology aids almost since the first mass assembly car was manufactured.[7] However, only in the last decade have AVs been taken seriously with recent advances in computation and sensors. Perhaps starting with Google’s initially secret Waymo project – itself stemming from Larry Page’s undergraduate vision of being chauffeured around Stanford University campus autonomously – AVs have started to gain traction.[8] Nevertheless, there remain many fundamental challenges, both technical- and policy-related, before we can take our eyes off the road. The one we’d like to focus upon in this note is the need for power.
A few years ago, the only EV many Americans had ever seen was a golf cart.[9] Surprisingly, several of the first automobiles were all-electric in the late 1800s. Popular in cities (where one could get electricity), EVs fell out of favor with the introduction of the mass-produced Ford Model T car, followed by the discovery in the United States of cheap Texas crude oil. EVs all but disappeared by 1935.[10]
With advances in technology – especially batteries that offer range up to 300 miles on one charge – EVs have experienced a resurgence in popularity. “Today, there are 23 plug-in electric and 36 hybrid models available in a variety sizes.”[10] The United States just exceeded one million EVs on the road.[11] [12] One of the leading companies developing EVs is Elon Musk’s Tesla. The Tesla Model 3 and its other brands are wonders of technology.[13] However, despite full touch-screen for nearly all its controls and many other technology perks,[14] Tesla cars would be just hunks of metal without power, as well as the computers for autonomous controls.
Power (Batteries vs. Fuel Cells)
Batteries have come a long way since Nikola Tesla himself did fundamental research on them in the late 1800s. Current go-to materials for EV power storage batteries include exotic compounds and elements such as nickel-cadmium, nickel-metal hydride, and lithium. “Lithium-ion (Li-ion) and Lithium-Iron-Phosphate (LiFePO4) cells have so far provided the biggest boost in energy density, between 300% and 400% more energy-dense than LA [lead-acid] batteries. Nissan Leaf, all Tesla vehicles, and most other electric cars and hybrid electric cars use Li-ion battery packs, though a few hybrid and electric car startups are toying with LiFePO4 chemistry.”[15]
Despite the popularity of Li-ion batteries, a lingering technical challenge is their long charge time and power required for each charge. A full-day charge for a Tesla Li-ion battery pack takes several hours and consumes about 2,500 Watts.[16] People who don’t have access to a charger at work typically charge their Tesla batteries overnight at home. Charging EVs puts a new strain on electrical grids.
Another option for powering EVs is the fuel cell, which has been around for decades.[17] “Like a battery, a fuel cell harnesses a chemical reaction to produce energy in the form of electricity. More specifically, hydrogen fuel cells generate electricity, water and heat from hydrogen and oxygen.”[18] A fundamental issue with hydrogen fuel cells is the storage of the hydrogen in the car before its use; one wants to have as much hydrogen as possible on-board in some compressed form to ensure long mileage. Simple hydrogen liquefication doesn’t go far enough; one must resort to trapping the H2 molecules inside or with other solid materials and then enabling their easy release.[19] Nanomaterials encapsulating or bonded to H2 have been researched for several years to do that.[20] Carbon buckyballs, nanotubes and other exotic molecular shapes have all been considered for their ability to store H2 and release it when needed. e.g., [21][22][23]
Despite their comparative environmental friendliness (hydrogen fuel cells emit only water vapor and warm air), fuel cells still have a ways to go before they can, if ever, usurp the efficiency and cost-effectiveness of batteries. “Hydrogen fuel cells offer a potentially very clean, energy dense and easy to recharge energy source for vehicles and other systems, but they are currently complicated, expensive and dangerous to operate. In comparison, lithium-ion batteries, although less energy dense and slower to recharge, are as clean, much cheaper, easier and safer to handle.”[18] Although a few models of automobile EVs powered by hydrogen fuel cells have been manufactured, they have not received wide adoption. Some fleets of buses, as well as forklifts, use hydrogen fuel cells. Wider adoption will require not only major advances in H2 storage capabilities, but also a substantially expanded fleet of charging stations dispersed across the United States.[24] For the next several years, we will most probably see hydrogen fuel cells in only limited use within EVs.
Sensors and Computation
One doesn’t realize it after some experience, but the action of driving actually requires substantial attention and skill. Distracted driving (whether via texting, taking a phone call, or drunk driving) is well-documented to cause accidents.[25] Clearly, computers don’t have the social or biological needs that humans do, but ultimately AV systems still have several significant technical specifications for sensors and computation – a few examples include:[26]
Opportunities for Applied Artificial Intelligence (AI)
The various challenges described above present unique opportunities, as well as the basic necessity, for Applied AI. As noted in a previous note from BootstrapLabs and FutureGrasp™, LLC,[32] AI can be leveraged positively for energy utilities. Similar thoughts apply in the context of EVs. Let’s review briefly how Applied AI can help us realize the dream of electrically powering AVs:
Advanced materials research. Over a hundred years ago, Thomas Alva Edison used a purely empirical approach to narrow his choice of a filament material for the first sustained light bulb. Later as computers became available, the ability to not only record data, but also to simulate how a material would behave with a given set of material properties and desired results became possible. Now with Applied AI we can take modeling advanced materials to a new level. Companies such as Citrine Informatics leverage AI and big data analytics to go way beyond the Edisonian approach. “Our platform ingests and analyzes vast quantities of technical data on materials, chemicals, and devices to streamline R&D, manufacturing, and supply chain operations for any organization that produces a physical product.”[33] Such AI-driven research can accelerate the development of new batteries and fuel cells. Instead of empirically assessing millions of compounds or spending countless hours programming and running simulations, AI can cut the time and budget spent on finding new advanced materials. Companies such as Toyota[34] and Tawaki,[35] as well as US Government efforts such as DARPA’s Make-It program[36] are using AI to tease out from Mother Nature new synthetic molecules that could be used in next-generation battery and fuel cell technologies.
Optimizing AV Performance. The aforementioned set of sensing and computation challenges for AVs all have two major issues in common: data and its processing. The sheer amount of data that a single AV accumulates on the road is astounding. “A single autonomous test vehicle produces about 30 TB per day, which is 3,000 times the scope of Twitter’s daily data.”[37] This volume of data overwhelms CPUs[38] or other lesser chips. On-edge computing (where the compute is done at the site of data generation) is also paramount as one would certainly prefer not to have loss of WiFi result in a sudden loss of computation and AV control. AI can assist with both these issues. Large data processing using AI with on-board GPU[39] packs is becoming now the go-to solution for AVs.[40][41]
Fulfilling the Dream
Autonomous vehicles powered by electricity require that AI move out of university and industry labs and into the real world—that it is actually “applied.” One means of making that happen is through the creation of start-ups that have a vision of changing the world. BootstrapLabs, a venture capital group in San Francisco, recognizes that challenge and invests in founders that dream big and are solving today’s hardest problems by applying AI to shape a better future.
Across the spectrum of challenges within AVs and EVs, applied AI has the potential to help resolve thorny problems, whether they be in discovering the next-generation advanced material for batteries or fuel cells, or in optimizing datasets and their processing. Achieving the dream of powering AVs will require capabilities beyond what a human or even big data analytics can accomplish. Ultimately, AI can help us make driving a pleasure again.
Notes (all web links accessed November 2018)
[1] FutureGrasp™, LLC, https://www.futuregrasp.com/
[2] G. Salvidia, “Stuck In Traffic? You’re Not Alone. New Data Show American Commute Times Are Longer,” September 20, 2018, NPR, https://www.npr.org/2018/09/20/650061560/stuck-in-traffic-youre-not-alone-new-data-show-american-commute-times-are-longer
[3] “These 25 cities have the worst commutes in America,” October 16, 2018, https://www.nwitimes.com/jobs/these-cities-have-the-worst-commutes-in-america/collection_2745a1a9-6757-59f3-a864-fd4a44cd212a.html#3
[4] Intergovernmental Panel on Climate Change, “Global Warming of 1.5°C,” http://www.ipcc.ch/report/sr15/
[5] U.S. Energy Information Association, Frequently Asked Questions, https://www.eia.gov/tools/faqs/faq.php?id=307&t=10
[6] Of course, a debate rages about whether EVs are actually more environmental than cars with combustion engines. Electricity doesn’t just magically appear – it has to come from somewhere, and those energy sources themselves may be big polluters. One must crawl down the whole electron chain to learn whether the local energy utility is primarily burning fossil fuels or using renewable energy sources.
[7] L. Dormehl, S. Edelstein, October 28, 2018, “Sit back, relax, and enjoy a ride through the history of self-driving cars,” Digital Trends, https://www.digitaltrends.com/cars/history-of-self-driving-cars-milestones/
[8] No pun intended
[9] Golf carts typically have speed-limit governors on them, as one author [TAC] experienced when he caddied in his teenage years. Some friends of his learned the hard way that disabling the governor still doesn’t give a cart enough power to jump a creek.
[10] “The History of the Electric Car,” September 15, 2014, Department of Energy, https://www.energy.gov/articles/history-electric-car
[11] M. Joselow, “The U.S. Has 1 Million Electric Vehicles, but Does It Matter?,” October 12, 2018, https://www.scientificamerican.com/article/the-u-s-has-1-million-electric-vehicles-but-does-it-matter/?utm_source=newsletter&utm_medium=email&utm_campaign=tech&utm_content=link&utm_term=2018-10-23_more-stories&spMailingID=57626706&spUserID=MTExNTAyMjAzODk1S0&spJobID=1503280707&spReportId=MTUwMzI4MDcwNwS2
[12] Although one million vehicles still only represents less than one percent of all wheels on roads in the United States
[13] Tesla, https://www.tesla.com/
[14] Including its 2017 Easter Egg of a software upgrade: ‘Ludicrous Mode,’ providing 0-60 mph in under 2.3 seconds
[15] Chilton, “A Short History of Electric Car Batteries,” http://blog.chiltondiymanuals.com/short-history-electric-car-batteries/
[16] Energy Sage, “Tesla Model S and Model X charging: everything you need to know,” March 27, 2018, https://www.energysage.com/electric-vehicles/charging-your-ev/charging-a-tesla/
[17] One author [TAC] saw a prototype hydrogen fuel cell car at General Motors (GM) in 1990 during his mechanical engineering summer internship there. Sadly, the vehicle never made it off the research floor.
[18] E. Wertheimer, “Hydrogen Fuel Cells vs Lithium-ion Batteries in Electric Vehicles,” June 20, 2018, Furo Systems, https://www.furosystems.com/news/hydrogen-fuel-cells-vs-lithium-ion-batteries-in-electric-vehicles/
[19] Department of Energy, “Hydrogen Storage – Basics,” https://www.energy.gov/eere/fuelcells/hydrogen-storage-basics-0
[20] “Basic Research Needs for the Hydrogen Economy,” May 13-15, 2003, https://science.energy.gov/~/media/bes/pdf/reports/files/Basic_Research_Needs_for_the_Hydrogen_Economy_rpt.pdf
[21] E. Erünal, F. Ulusal, M.Y. Aslan, B. Güzel, D. Üner, “Enhancement of hydrogen storage capacity of multi-walled carbon nanotubes with palladium doping prepared through supercritical CO2 deposition method,” International Journal of Hydrogen Energy, 43 (23), June 7, 2018, 10755-10764, https://www.sciencedirect.com/science/article/pii/S0360319917346967
[22] T. Liu, “Buckyball’s Hydrogen Spillover Effect at Ambient Temperature Observed Experimentally for the First Time,” March 26, 2018, Chemical Communications Blog, http://blogs.rsc.org/cc/2018/03/26/buckyballs-hydrogen-spillover-effect-at-ambient-temperature-observed-experimentally-for-the-first-time/
[23] Y. Liu, et al., “Metal-assisted hydrogen storage on Pt-decorated single-walled carbon nanohorns,” 50 (13), November 2012, 4953-4964, https://www.sciencedirect.com/science/article/pii/S0008622312005349
[24] Wikipedia, “Fuel Cell Vehicle: Buses,” https://en.wikipedia.org/wiki/Fuel_cell_vehicle#Buses
[25] National Safety Council, “Distracted Driving Research, Infographics,” https://www.nsc.org/road-safety/safety-topics/distracted-driving/research
[26] A. Marshall, “After Peak Hype, Self-Driving Cars Enter The Trough Of Disillusionment,” December 29, 2017, WIRED, https://www.wired.com/story/self-driving-cars-challenges/
[27] N. Garg, “Self-driving cars need a new kind of map,” https://www.axios.com/self-driving-cars-need-a-new-kind-of-map-df0b7e69-e0fb-4a8e-a865-24bc96708103.html
[28] AEYE, https://www.aeye.ai/
[29] B. Khosravi, “Autonomous Cars Won’t Work – Until We Have 5G,” March 25, 2018, Forbes, https://www.forbes.com/sites/bijankhosravi/2018/03/25/autonomous-cars-wont-work-until-we-have-5g/#614ff971437e
[30] N. Pinon, “Next-generation technology is coming to a self-driving car near you,” November 7, 2018, PhysOrg, https://phys.org/news/2018-11-next-generation-technology-self-driving-car.html
[31] K. Stock, “Self-Driving Cars Can Handle Neither Rain nor Sleet nor Snow,” September 17, 2018, Bloomberg Businessweek, https://www.bloomberg.com/news/articles/2018-09-17/self-driving-cars-still-can-t-handle-bad-weather
[32] T. Campbell, N. Wadstrom, (November 26, 2018), “Banish the Darkness with Artificial Intelligence,” BootstrapLabs Blog, https://bootstraplabs.com/blog/2018/11/26/banish-the-darkness-with-artificial-intelligence/
[33] Citrine Informatics, https://citrine.io/
[34] M. Moon, “Toyota is using AI to hunt for new battery materials,” March 30, 2017, https://www.engadget.com/2017/03/30/toyota-research-ai-battery-material-hunt/
[35] Tawaki, “What If Artificial Intelligence Finds New Battery Materials,” June 1, 2017, http://www.tawaki-battery.com/artificial-intelligence-new-battery-materials/
[36] Make It, DARPA, https://www.darpa.mil/program/make-it
[37] J.A. Amend, “Storage Almost Full: Driverless Cars Create Data Crunch,” January 17, 2018, https://www.wardsauto.com/technology/storage-almost-full-driverless-cars-create-data-crunch
[38] Central processing units
[39] Graphics processing units
[40] See for example, NVIDIA’s overview of GPUs in AVs: https://www.nvidia.com/en-us/self-driving-cars/drive-platform/
[41] For an overview of advanced semiconductor technologies relative to AI see: T. Campbell & R. Meagley, Next-Generation Compute Architectures Enabling Artificial Intelligence – Part I of II, 2 FEB 2018, https://www.futuregrasp.com/next-generation-compute-architectures-enabling-artificial-intelligence-part-I-of-II and T. Campbell & R. Meagley, Next-Generation Compute Architectures Enabling Artificial Intelligence – Part II of II, 8 FEB 2018, https://www.futuregrasp.com/next-generation-compute-architectures-enabling-artificial-intelligence-part-II-of-II
BootstrapLabs Applied AI Workshop: AI and Human Capital
/in AI, Blog, Event /by BootstrapLabsDate and Time: Wednesday, January 23, 2019
Location: San Francisco
Registration: This event is INVITE ONLY. You can request more information at events@bootstraplabs.com
Come join us to learn more about how Artificial Intelligence will revolutionize the enterprise of tomorrow, and how Applied AI solutions can help executives and leaders around the world better manage, attract and engage their employees and customers.
As the Fourth Industrial Revolution unfolds, companies are seeking to harness new and emerging technologies to reach higher levels of efficiency and compete on a global scale for innovation, customers, and talent.
Artificial Intelligence is here to stay, and will drastically change the way we do business and live. The economic and social impact of artificial intelligence technologies will ultimately depend on how quickly organizations and institutions are able to learn, adapt, control, and ultimately wield these powerful technologies for the greater good.
Over the last 30 years, the allocation of market capitalization value for corporations has shifted from 80% being assigned to tangible assets (machinery, plants, buildings, etc), to 80% being assigned to their intangible assets (brands, intellectual properties, trade secrets, business processes, and talent).
They are many opportunities and challenges ahead, and as a Venture Capital firm focused on Applied AI technologies, BootstrapLabs believes that the success of any business today, more so than any other time before, will ultimately be determinate by their ability to not only adopt AI solutions across their entire business but also, and maybe most critically, apply AI to known critical factors such as attracting, retaining, developing and managing their pool of Human Capital as well as delighting their customers.
Agenda:
Speakers:
Ben Levy, Co-Founder & Managing Partner, BootstrapLabs
Jonathan Eisenzopf, CEO, Discourse.ai
Natalie A. Pierce, Partner, Littler
Sabrina Atienza, Co-Founder & CEO, Stealth Mode Startup
Debi Hirshlag, Advisor and former VP, HR at Workday, Flex, Trimble & Ariba
Thank You To Our Host
b.telligent and BootstrapLabs partner to accelerate the adoption of AI technology among German and Swiss Corporations
/in AI, artificial intelligence /by BootstrapLabsSAN FRANCISCO, CALIFORNIA, US and MUNICH, GERMANY, Dec. 20th, 2018 /PRNewswire/ – b.telligent, a Munich and Zurich based premier data science and business intelligence management consulting company, and BootstrapLabs, a Silicon Valley based venture capital firm focused on Applied Artificial Intelligence, today announced the formation of a strategic partnership to accelerate the deployment of AI technology among b.telligent’s existing and future corporate customers.
Accenture estimates that AI has the potential to boost rates of profitability by an average of 38% and could lead to an economic boost of US$14 trillion by 2035 globally. With so much at stake, and a possible reallocation of wealth from traditional players to digital first players, Germany and Switzerland are among the countries with the most to lose if their multinational corporations fall behind during the AI revolution.
“We are excited to partner with b.telligent,” said Nicolai Wadstrom, Founder, CEO, and Managing Partner of BootstrapLabs. “Klaus and Sebastian have assembled a great pool of talent with deep domain knowledge expertise in data warehousing, data management, data science, and data strategy that helps their clients successfully transition into the new data driven world. As such, they represent an ideal partner to roll out some of our portfolio companies’ products across their client base of over 300 companies, and in doing so, accelerate the adoption of innovative AI solutions for Germany and Switzerland, and some of their leading multinational corporations.”
For the past 3 years, BootstrapLabs has been exclusively investing in Applied AI technologies and has assembled an exciting portfolio of 22 companies, each looking to solve hard and meaningful problems in multibillion dollar industries.
“Startups often waste time and capital figuring out which of the several large corporations they are talking to today i) can quickly and fairly evaluate their solution, ii) has the budget to purchase their solution in the next 3-6 months, and iii) is ready to scale that solution across their entire organization,” said Benjamin Levy, Co-Founder and Managing Partner of BootstrapLabs.
“b.telligent is in an incredible position to accelerate BootstrapLabs’ portfolio companies’ revenue generation, as we not only have our customers’ trust (such as Telefónica, Car2Go, Puma or BSH), but we have an intimate understanding of their readiness level as well as often act as an extension of their team, managing the very data that is required for these AI solutions to become valuable to our clients,” said Sebastian Amtage, Managing Director of b.telligent.
“We believe that Artificial Intelligence poses a large threat, as well as unprecedented opportunity for every company, and we look forward to working closely with BootstrapLabs, their portfolio companies, and their large community of AI experts to support our customers on their journey to apply Artificial Intelligence,” said Klaus Blaschek, Co-Founder and Managing Director of b.telligent.
Media Contact
BootstrapLabs
press@bootstraplabs.com
b.telligent GmbH & Co. KG
pr@btelligent.com
Greta Wenske
About BootstrapLabs
Founded in 2008, BootstrapLabs is a leading Venture Capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. We invest in founders that dream big and are solving today’s hardest problems by applying artificial intelligence to shape a better future for all.
BootstrapLabs works closely with some the world’s most prominent families and their multinational corporations to actively invest in artificial intelligence (AI) and machine learning (ML) startups targeting large global markets including Industrial Manufacturing, Transportation, Logistics, FinTech, Enterprise Productivity, Cybersecurity, and Healthcare.
BootstrapLabs is often the first institutional money and acts as a lead investor in the early stages, with follow-on capital at the growth stages.
Select portfolio companies include AEye, Mendel, Qurious, Vidora, Sibly, Myia Labs, Indus.ai, iUNU, SmartEar, Nodle.io, Roger, Prezi, Pryon, Trusted Insight, and AngelList.
BootstrapLabs leverages its large community of over 40,000 Applied AI experts, entrepreneurs, and developers to support its portfolio companies and investment strategies.
For more information visit: https://bootstraplabs.com
About b.telligent
b.telligent is considered one of the market leaders in Germany for business intelligence consulting projects. The main objective of b.telligent is to enable clients to tackle the challenges of the present and upcoming digital transformation. In order to meet those challenges, it is important for b.telligent to support its clients in the deployment of some of the most advanced data science techniques such as artificial intelligence and machine learning while at the same time ensuring these ventures are based on solid data fundamentals.
Additionally, b.telligent continuously strives to optimize clients business processes by applying knowledge gained through consolidation and analysis of business information all resulting in increased margins, lowered cost and improved risk management.
Our customers are leaders in their sectors, such as telecommunications, financial services, trade, and the industry. Since 2004, over 300 clients have benefited from our “data-first” approach. With over 160 employees spread across six offices, we are passionate about joining our clients in establishing and advancing their data-driven business models.
For more information visit: https://btelligent.com