In the race to put autonomous vehicles on read roads, technology companies may overtake automakers. According to a report from IHS Automotive, companies like Google and others are currently working toward solutions in the autonomous vehicle space and Google is in the lead. IHS Automotive estimates the technology company has invested nearly $60m so far in autonomous vehicle research and development, at a run rate of nearly $30m per year.
Even before the events in Paris on Friday Nov. 13, unrest in several geographic areas of the world has contributed to major disruption in the supply chain.
With robots like BigDog and the Terminator-like Atlas, Google's robotics efforts have been a smash success - if you measure by YouTube views and buzz. Amazon's work has been more behind scenes (apart from the widely discussed plans for delivery drones). But Amazon's energies in robotics have also had a more immediate payoff than Google's "moonshots." The differing philosophies illustrate how Amazon and Google have taken starkly different paths so far in the race to automate the physical world.
Millennials may be digital natives, but for all their supposed reliance on mobile devices, this group is more likely to shop on Thanksgiving Day and do so in stores, according to a new survey by location-based mobile platform Retale.
Shale-advantaged resins are affecting job growth in the plastics industry in a big way, according to Martha Moore, senior director, Policy Analysis and Economics, for the American Chemistry Council.
In the not-so-far-off future, teens won't bother getting driver's licenses, consumers will shun owning their own cars, and taxis will be replaced by "taxibots."
Gender inequality is not only a pressing moral and social issue but also a critical economic challenge. If women - who account for half the world's working-age population - do not achieve their full economic potential, the global economy will suffer.
While vast "smart products" opportunities are allowing many high-tech companies to grow and lower their cost of goods sold, 57 percent do not have access to reliable product genealogy information, and 72 percent believe their product data is less than 80 percent accurate.