Tesla Misses on Earnings, Focused on New Lineup - YouTube
1st quarter earning of Tesla was lower than expectation by investor.
Tesla mentiones there are room for growth due to the expansion of global EV market and lineup of their EV models. However there is concern for global market and timely launch of new models.
(cf) Other EV companies are performing worse than Tesla.
IMF’s Gopinath Says Risk of ‘Severe Oil Shock’ Exists - YouTube
There is the risk of oil shock. Recently countries other than middle east are producing oid so there is no large risk but if the confict in middle east are escaliting, the risk would be increased
Why So Many EV Companies Fail - YouTube
Start up of EV has increased so far but certain number of company (30) filed banksupt.
Many are failing.
Other than Start up, large companies like Dyson and Apple have suspended its plan for EV
There has been favourable govemenment policy supporting EV sales.
82b$ sales of tesla in US. Sales has slowdowned but forecast is optimistic as there is the room of EV for bus, aircraft etc
5b$ carbon credit in tesla, which other automobile comapny has to buy.
However return on capita is not attractive. Telsa's one is negative.
In general, even 2b$ is not enough for autobmoble busimness meaning it requires huge amount of capital. To raise money, only way is using SPAC as no investor can raise capital
The way to set up business is vertical integration or outsourcing (less flexible).
Now is like the early years of auto industry when there were a lot of small comapnies
Why The U.S. Economy May Have A ‘Delayed’ Recession: Gary Shilling - YouTube
Inflation keeps high even after rate hike.
Reseccion will come and it just delayed. There is sing of it like yield curve. It is 2yr for recession to come after fed rise rate. Business hired people and reluctant to layoff. This means just delay.
There is wage growth but more layoff to come. One of the area is service. It is not volatile but there is discretionary element
Total solar eclipse brings darkness to millions as it sweeps North America | BBC News - YouTube
Below is the eclipse. People saw this in day time. How beautiful.
New technology designed to make parenting easier on show at CES | BBC News - YouTube
Parenting is not alway easy.
Self driving baby car helps parent to save job. Though battery continiues for only 4-5 hours, it supports paretents a lot. It moves by itself.
Based on the large data of crying voice of babies, AI is created to support parents. Camera monitors baby and when they cry, this AI tool make judgiment about the cause of crying from hungry, umcomfortable, etc. Usually parents can see this cause but there are cases they can not see the reason. In this situation, this is helpful.
How rose farms in Kenya are using AI to battle climate change | BBC News - YouTube
In Kenya company called "Lima labs" is providing AI solution to farmer.
Crop is monitored by camera attached on drone and photo is taken from above and based on these image status of crop is judged by AI and the timing for harvest is forecasted. And manager can see the dashboard about the comparison of actual with forecast. Farmer can make decision when to harvest and they can think about the logsitcis based on this AI tool with the result of avoidance of loss.
For those who are working in farms, this AI tool is helpful. So far they needed to count the number of stems by themselves, which is very time consuming and requires a lot of energy. Now AI tool can do this.
There was no clear explanation for the issue about the necessity for human to be lowered in this movie. It would be expected if they can do other job such as creating the strategy how that farm can grow thier business, they can switch their job but if there is no other area they can do, there is the possiblity of lose of job.
To utilize AI is difficult. AI can learn what they have to do based on the training data and this training data is the result of the work of human beings. But because of thid data, machine can learn what human has done and they can take over human work. I think re-skiling by which we can contribute to society even after AI revolution is important
