- lunch with AI (Health with AI tec)
- Posts
- Have EV's crashed?
Welcome to another lunch with Artificial Intelligence
Check out the specials of the day.3.5 min to Read.
AI stocks trending down as of Thursday, Oct. 26
Appetizer AI and Robotics. is it time to invest?
1. Intuitive Surgical (ISRG): Intuitive Surgical is a leader in robotic-assisted minimally invasive surgery, known for its da Vinci Surgical System. The company's stock rating has improved due to rising sales growth, achieving a relative strength rating of 71, as reported by Investors.com
259.51 USD−7.10 (2.66%)today
Closed: Oct 26,
2. Stryker (SYK): Stryker is a diversified medical technology company that also offers robotic systems for surgery. Need to do more research on this stock. it is in the health care sector.
258.58 USD−0.48 (0.19%)
Closed: Oct 26
3. Medtronic plc (MDT): Medtronic is a global healthcare solutions company with a presence in robotics for medical applications. another health care sector (robotics)
70.37 USD−1.03 (1.44%)today
Closed: Oct 26,
4. Tesla inc. (TLSA) always waiting for news.
205.76 USD−6.66 (3.14%)today
Closed: Oct 26
5..Microsoft acquired Nuance Communications, a leader in speech recognition and conversational AI, for $19.7 billion in April 2023. This was one of the largest acquisitions that Microsoft has ever made and it aimed to enhance its capabilities in healthcare and enterprise markets.
327.89 USD−12.78 (3.75%)
Closed: Oct 26,
for informational purposes not for investment advise. These companies are involved in the development and utilization of robotics in the healthcare sector, making them potentially attractive investments for those interested in this field. Always conduct thorough research and consider your investment goals before investing in any company
Main course: Have EV’s crashed?
The EV market is still hard to nail down.
Electric vehicles (EVs) have been hailed as the future of transportation, offering benefits such as lower emissions, lower fuel costs, and higher performance. However, recent surveys suggest that not all Americans are eager to embrace EVs, and some are even becoming more resistant to the idea of owning one.
According to a report by consumer analytics firm JD Power, the share of Americans who say they are “very unlikely” to consider an EV for their next vehicle purchase grew from 17.8% in January 2023 to 21% in March 20231. In contrast, the percentage of car shoppers who say they are “very likely” to consider an EV was 26.9% in March 2023, largely flat this year1.
The report also found that EVs’ market share of all new-vehicle sales dropped to 7.3% in March 2023, down from a record high of 8.5% in February 2023 but up from 2.6% in February 20201. The report attributed the decline in EV interest and sales to persistent worries about charging infrastructure and vehicle pricing1.
Another survey by car buying platform Autolist also revealed that resistance to EVs is becoming more entrenched for some consumers, especially lower-income ones2. The survey, which polled 3,104 buyers between February and July 2023, showed that 46% of those earning less than $30,000 annually cited EVs’ upfront costs as a major hurdle and a third said they had no place to charge where they lived2. These figures were higher than the survey average of 42% and 27%, respectively2.
The survey also showed that fewer people (38%) said they believe EVs are better for the environment than gas vehicles than in 2022 (46%)2. Meanwhile, the number of people who said gas vehicles were better for the environment jumped to 13% in 2023, from 9% last year2.
The survey also asked respondents whether they ever saw themselves owning an electric vehicle. Only 39% said yes, down from 42% last year, while 26% said no, up from 21%. Twenty-seven percent said they were unsure, down from 30%. The final 8% said they currently owned one, up from 7%2.
According to the Bloomberg Billionaires Index, Elon Musk’s net worth as of October 22, 2023 was $297 billion1 . This is a year-to-date change of $66.8 billion or 48.8% increase from the beginning of the year1 . However, this is also a significant drop from his peak net worth of $340 billion in November 202123 . Since then, Musk has lost about $43 billion or 12.6% of his wealth due to various factors such as Tesla’s stock price slump, Cybertruck delays, increased competition, and high valuation and expectations423 . Therefore, depending on the time frame, Musk has either gained or lost a lot of money this year.
The push for EV’s in the U.S. is continuing, but there are still hurtles to get over.
What do Marines have to do with a robotic goat?
The robotic goat works by following the commands of the operator, who can see the live video feed from the robot’s camera on their device. The operator can use the controller to move the robot, aim the weapon, and fire the rocket. The robotic goat can also work autonomously by using its camera to track and follow a target, such as an enemy vehicle or a person. The robotic goat can then fire the rocket at the target without human intervention45.
Dessert: Robot Uses ChatGPT 4 To Do The Dishes
The Norwegian company 1x Technologies has successfully merged artificial intelligence and robotics through the development of their humanoid robot, Eve. Powered by GPT 4 V, Eve's vision and adaptability have been enhanced, allowing her to understand images with unparalleled precision. The company has demonstrated how Eve can put her newfound capabilities to good use in the kitchen. In the video, Eve analyzes photos of food and suggests a dinner recipe, showing the potential of GPT 4 V in everyday life. Moreover, the technology can be used to enhance robot safety and usability, facilitating collaboration between robots and humans for a better working environment. Open AI supports this innovative project. Overall, 1x Technologies' use of GPT 4 V in robotics is revolutionizing the field and paving the way for a future where humans and machines work together seamlessly.
Though its great to have your dishes' cleaned for you, I wonder about the implications of robots combined with AI. Will your robot be smarter than you?
Disclaimer: None of the information here is financial advice. This newsletter is for informational purposes only and not to be used as investment advice or a solicitation to buy or sell any assets. Any and all financial decisions you make should be carefully researched on your own or discussed with a financial advisor.
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