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Robotaxi Haters in San Francisco Take Matters into Their Own Hands

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In a city known for its tech-savvy population and progressive mindset, San Francisco has become the battleground for a new form of transportation – autonomous vehicles (AVs) or robotaxis. While many embrace the idea of self-driving cars as the future of transportation, there is a growing group of individuals who are taking matters into their own hands, adopting a unique form of protest that involves disabling the AVs with traffic cones. This article delves into the motivations behind these actions and explores the potential implications for the future of AV technology.

Autonomous vehicles, often referred to as robotaxis, have been a topic of fascination and controversy for years. These self-driving cars have the potential to revolutionize transportation, offering a safer, more efficient, and environmentally friendly alternative to traditional vehicles. Companies like Waymo, Cruise, and Uber have invested billions of dollars in developing and testing AV technology, with the hope of one day launching widespread robotaxi services.

San Francisco, with its tech-savvy population and bustling streets, has become a testing ground for AV companies looking to refine their technology and gather real-world data. However, the introduction of robotaxis has not been met with universal enthusiasm. A vocal group of activists, including the San Francisco Taxi Workers Alliance and the Alliance for Independent Workers, have mobilized against the spread of robotaxis, arguing that they will eliminate the need for taxi and ride-hail drivers.

One of the most visible forms of protest against robotaxis in San Francisco is the “Night of the Cone.” Activists have taken to placing traffic cones on the hoods and roofs of AVs, effectively disabling them and causing disruptions to their operations. While the act itself may seem harmless, it sends a powerful message of discontent and resistance to the encroachment of AV technology on the city’s streets.

The motivations behind the “Night of the Cone” protest are multifaceted. Some activists argue that robotaxis represent a threat to job security, as they could potentially replace taxi and ride-hail drivers. They view the rise of AVs as a corporate takeover of the transportation industry, driven by profit-seeking companies rather than the needs and well-being of the general population.

Others express concerns about the impact of AVs on urban infrastructure and public space. They argue that robotaxis require streets designed primarily for cars, neglecting the needs of pedestrians, cyclists, and public transit users. These activists advocate for a more balanced approach to urban planning, where the needs of all modes of transportation are taken into account.

One common argument against the widespread adoption of AVs is the perceived brittleness of automation. Critics point out that while it may be relatively easy to design fault-tolerant systems in the digital realm, the physical world presents unique challenges. Self-driving cars, they argue, are susceptible to interference and disruption, as evidenced by the ease with which traffic cones can disable them. This raises concerns about the reliability and safety of AV technology on a large scale.

The success of AV technology ultimately hinges on public sentiment and societal acceptance. While some view the rise of robotaxis as a positive step towards a more efficient and sustainable transportation system, others harbor reservations. The perception of AVs as a tool of the elite and a symbol of corporate dominance has fueled opposition and created a narrative of tech-driven disruption at the expense of society.

Regulation plays a crucial role in shaping the future of AV technology. While companies like Waymo and Cruise are pushing for the expansion of robotaxis, opponents argue that government support for infrastructure built for private companies is unwarranted. They advocate for stricter regulations to ensure the safety and accountability of AV operators, as well as the protection of jobs and public space.

While the battle between AV proponents and opponents rages on, there is an opportunity for dialogue and compromise. It is essential for AV companies to address the concerns and criticisms of their detractors and engage in meaningful conversations about the future of transportation. By incorporating public input into their development processes and collaborating with local communities, AV companies can work towards a more inclusive and sustainable vision of the future.

The “Night of the Cone” protest in San Francisco highlights the complex relationship between AV technology and societal acceptance. While some view robotaxis as a disruptive force that prioritizes profit over people, others see them as a promising solution to the challenges of urban transportation. The future of AVs lies in finding common ground and addressing the legitimate concerns raised by their opponents. Only by engaging in meaningful dialogue and working towards shared goals can we shape a transportation system that benefits all members of society.

First reported on TechCrunch

Frequently Asked Questions

Q: What are autonomous vehicles (AVs) or robotaxis?

A: Autonomous vehicles, also known as robotaxis, are self-driving cars that have the potential to revolutionize transportation by offering a safer, more efficient, and environmentally friendly alternative to traditional vehicles.

Q: Why has San Francisco become a battleground for AVs?

A: San Francisco, with its tech-savvy population and busy streets, has become a testing ground for AV companies looking to refine their technology and gather real-world data.

Q: What is the “Night of the Cone” protest in San Francisco?

A: The “Night of the Cone” protest involves activists placing traffic cones on the hoods and roofs of AVs in order to disable them and disrupt their operations. It serves as a visible form of protest against the spread of AV technology in the city.

Q: What are the motivations behind the “Night of the Cone” protest?

A: The motivations are multifaceted. Some activists argue that robotaxis threaten job security by potentially replacing taxi and ride-hail drivers. Others express concerns about the impact of AVs on urban infrastructure and public space, advocating for a more balanced approach to urban planning. Critics also raise concerns about the reliability and safety of AV technology on a large scale.

Q: What are the arguments against widespread adoption of AVs?

A: Critics argue that AVs are perceived as brittle in the physical world, susceptible to interference and disruption as demonstrated by the ease with which traffic cones disable them. They also raise concerns about the perceived elitism and corporate dominance associated with AV technology, as well as the neglect of the needs of pedestrians, cyclists, and public transit users in urban planning.

Q: How does public sentiment and regulation impact the future of AV technology?

A: Public sentiment and societal acceptance play a crucial role in the success of AV technology. While some view robotaxis as a positive step towards a more efficient and sustainable transportation system, opponents argue for stricter regulations to ensure safety, accountability, and protection of jobs and public space.

Q: What is the importance of dialogue and compromise in shaping the future of AVs?

A: Dialogue and compromise between AV companies and their detractors are essential. By addressing concerns, incorporating public input, and collaborating with local communities, AV companies can work towards a more inclusive and sustainable vision of the future of transportation.

Q: What does the “Night of the Cone” protest signify in the relationship between AV technology and societal acceptance?

A: The protest highlights the complex relationship between AV technology and societal acceptance. It reflects the opposing views on whether robotaxis are a disruptive force prioritizing profit or a promising solution to urban transportation challenges. Finding common ground and addressing concerns is crucial for shaping a transportation system that benefits all members of society.

John Boitnott

John Boitnott is a news anchor at ReadWrite. Boitnott has worked at TV News Anchor, print, radio and Internet companies for 25 years. He’s an advisor at StartupGrind and has written for BusinessInsider, Fortune, NBC, Fast Company, Inc., Entrepreneur and Venturebeat. You can see his latest work on his blog, John Boitnott

Politics

Fintech Kennek raises $12.5M seed round to digitize lending

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London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Politics

Fortune 500’s race for generative AI breakthroughs

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Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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UK seizes web3 opportunity simplifying crypto regulations

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Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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