The autonomous cars and robots will lead to mass unemployment.
–źccording to Dr. Subhash Kak, a professor of electrical and computer engineering and a leading expert from Oklahoma University, artificial intelligence, and self-driving cars could put a third of all people out of work.
Vehicles that transport people using artificial intelligence are increasingly becoming a part of our everyday life. Dr. Subhash Kak believes a third of jobs will be lost.

Dr. Kak also warns that as robots are taking control of the world, humans are heading for a dystopian future with mass unemployment. Autonomous cars and artificial intelligence are making an impact in all business sectors. Dr. Subhash Kak says that as one-third of the people in any advanced economy are engaged in transportation, those employees will lose their jobs as soon as self-driving cars become widely adopted. Kak¬†predicts a world where robots replace humans and machines will work at a cheaper price and longer hours without getting tired. More »

Ferrari to challenge Tesla with an electric supercar.

Ferrari claims it is building an all-electric supercar that will compete with the next-generation Tesla Roadster and the Italian carmaker will be the first company to bring an EV supercar to market.

Ferrari is challenging Tesla by jumping into the electric car space. Sergio Marchionne, Chief Executive Officer of Fiat Chrysler Automobiles said on Tuesday at the Detroit auto show that the car manufacturer plans to build the first electric supercar. Marchionne said that if there was an electric supercar to be built, then Ferrari would be the first. More »