From Emerging Trends Trader (Australia)-
It is unfortunate that a 62 year old Tesla driver, a close associate of Tesla Motors Inc [NASDAQ:TSLA], died last week due to the failure of the company’s Autopilot. So, this is where technology has taken us…to the bottom of a truck. But this is often what you have to go through with immature technology. There is going to be trial and error, and there will be casualties.
While the incident is still under investigation by the government, the short story is that the Autopilot sensor failed to recognise the truck altogether.
We are not here to debate the merits of artificial intelligence and its role in piloting our cars. After all, planes have been adopting the technology for years and ‘roboships’ are well on their way. The concept of ‘driverless’ is well-understood. Now we just have to get the technology to a point where it doesn’t drive us under an 18-wheeler.
How about the technologist? The visionary? The dreamer behind this innovation? That would be Elon Musk.
Between Tesla and SpaceX, Elon Musk is the ‘Wonder Boy’ of our age. An original member of the infamous ‘PayPal Mafia’, he is the poster child for the highly successful serial entrepreneur, and an immortal idol for geeks and nerds everywhere.
If you’re not familiar with the ‘PayPal Mafia’, it’s one of the most interesting stories to come out of Silicon Valley. If you spend a little time listening to (online) lecturers from Stanford and Harvard Universities, the term ‘PayPal Mafia’ will spring up at some point.
It was the summer of 1998. Max Levin (Chief Technology Officer of PayPal and serial entrepreneur) was sneaking into lectures at Stanford University for free air-conditioning. He had just moved to Los Angeles to seek out tech-startup opportunities. He was introduced to Peter Thiel (now a billionaire serial entrepreneur) who eventually became a founding member of PayPal.