Kolodny, Lora
CNBC.com
Posted 09/30/2022
Key words and Definitions
Artificial Intelligence (AI) – a computer system generated ability to perform tasks that normally require human intelligence. AI systems now incorporate visual perception and speech recognition and can make decisions that were formerly relegated to humans.
Robotics – a branch of technology that is involved with the design, construction, and operation of robots.
Humanoid robot – a robot manufactured to resemble a human form. This design can be for functional purposes or for other reasons such as experimentation.
Summary: Key Points of the Article
Tesla's artificial intelligence (AI) is expected to be on display in the form of a humanoid robot at the firm's AI Day 2022. Tesla CEO Elon Musk announced at the firm's last AI Day in August 2021 that Tesla would build the robot, but the firm did not yet have a prototype. The robot, named Optimus or Tesla Bot, will be used to do "dangerous, repetitive and boring tasks" according to Musk.
Investors also expect an update on Tesla's self-driving technology that has yet to live up to Musk's promises. Tesla's vehicle technology still requires interaction and supervision from a human driver and is not truly self-driving. However, Musk remains optimistic about the firm's robots and stated that the robot component of Tesla would "one day be worth more than its cars."
One robotics engineer, Alexander Kernbaum, stated that whether Tesla delivers on its promises in the field of robotics or not the firm can still make a substantial contribution to the field. Kernbaum believes that bipedal robots might not be possible at this time, but the firm could certainly develop robots that could perform work in a car assembly plant.
News Topic
#08 Change and Innovation
Exercise 1 Multiple Choice Questions
- _________ is a method of data analysis that automates analytical model building.
a. Machine learning
b. Robotics
c. Analytics
d. none of these
Answer: Machine learning is a method of data analysis that automates analytical model building. Robotics is an interdisciplinary branch of computer science and engineering that is involved with the design, construction, and operation of machines that can assist humans (e.g., robots). Analytics is the use of mathematics, statistics, predictive modeling, and machine learning to discover meaningful patterns in a data set. - _________ is a subset of machine learning that uses algorithms to create a hierarchical level of artificial neural networks that are designed to simulate human functions.
a. Big data
b. Deep learning
c. Analytics
d. none of these
Answer: Deep learning is a subset of machine learning that uses algorithms to create a hierarchical level of artificial neural networks that are designed to simulate human functions. Big data refers to huge and complex data sets created by today's technology. Analytics is the use of mathematics, statistics, predictive modeling, and machine learning to discover meaningful patterns in a data set. - Tesla is expected to unveil a working humanoid robot at the company's AI Day 2022.
True
False
Answer: Elon Musk revealed that Tesla was working on the prototype last year so most experts believe the firm will reveal the robot at this year's company specific recruiting event.
Exercise 2 Critical Thinking Questions
- Why is Tesla developing a humanoid robot?
Answer: Tesla's CEO Elon Musk has always been on the forefront of technology and knows that sophisticated robots will replace a lot of workers and generate Tesla a lot of revenue. The profit motive is a primary driver as well as Musk's apparent need to change the world in a meaningful way. - How might this development change the management function at a manufacturing plant?
Answer: A manager's job might shift from dealing mainly with employees to dealing with resource allocation, logistics, and scheduling. People will never be obsolete but many manufacturing plants may shift to more robots and fewer human employees. - How would this development impact labor demand and the economy's necessary skills sets?
Answer: If robots do replace manufacturing workers on a large scale then unskilled labor demand will fall. However, the demand for technical and engineering skills to service and maintain the robots will increase. The new jobs will require more human capital and will have a higher pay rate.
No comments:
Post a Comment