MobileNews

LG vows to make its failing mobile unit profitable by the end of 2021

LG hasn’t made a profit from its smartphone division for years, but it reckons the tide is about to turn. Speaking at a press conference at CES, the company’s chief executive Kwon Bong-seok said, “LG Electronics mobile business is going to be profitable by 2021. I can say we can make that happen as LG Electronics will expand our mobile lineup and steadily release new ones…
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AI & RoboticsNews

AI Weekly: Autonomous cars need better safety metrics to move the industry forward

On Monday, Waymo — the subsidiary of Google parent company Alphabet that’s developing a full-stack driverless vehicle platform — announced that its cars have driven a combined 20 million autonomous miles to date, up from 10 million miles in October 2018. The metric signifies Waymo’s logistical and technological superiority, implied CEO John Krafcik, who equated the miles driven to 1,400…
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AI & RoboticsNews

The White House’s new AI principles won’t solve regulatory problems

This week, the White House released 10 AI Principles, intended as guidance for federal agencies while they consider how to appropriately regulate AI in the private sector. It’s an effort to reduce AI’s potential harms, which have come under scrutiny all over the world, while maintaining the maximum benefits to society. The industry has been awaiting this moment amid lingering uncertainty…
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