Driverless Cars, AI, Robots: Why CIOs Should Care - InformationWeek

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Comments
Driverless Cars, AI, Robots: Why CIOs Should Care
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jastroff
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jastroff,
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5/22/2015 | 12:17:16 PM
Re: New technologies
The insurance and liability issues around driverless cars are probably enough to get them delayed on anything but closed highways or used for specific purposes.

Insurance companies hate it, no doubt. Federal regs have to be changed or added, and individual state laws will all have to be sorted. It's disruptive, among other things.

Issues of liability, infraction, ownership, operation (yes, you do have to know about how it works), all have to be parsed in ways other than for traditional passenger vehicles. 

That's why I suspect the first use of the technology won't be on the open roadways.

It's about as complex as the "legalization" of cannabis in Colorado, when it is still an "illegal" federal drug. Many many issues to be sorted - all with economic, industry and personal implications.
shamika
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shamika,
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5/22/2015 | 11:24:15 AM
Re: New technologies
@susan I agree. However we had a CIO, who was keen on new technologies, however didn't want to spend on it. Do you think this is sensible?
shamika
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shamika,
 User Rank: Ninja
5/22/2015 | 11:21:06 AM
Re: New technologies
That's a good question. Will it be secured without drivers? I have my doubts.
Susan_Nunziata
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Susan_Nunziata,
 User Rank: Strategist
5/21/2015 | 6:50:03 PM
Re: New technologies
@SachinEE: This is definitely one of those questions that depends entirely on what industry sector a company operates in. Though I do think that CIOs working for companies that were not considered to be "tech" companies, such as insurance, or banking, or retail, may have in years past been able to get away with not being ahead of the curve on new technologies. That has shifted in recent years, and no industry is safe from digital disruption. The general consensus from CIOs I spoke with during the MIT event was that digltal disruptiion is a very real concern across all industry sectors and they're feeling a tremendous pressure to stay ahead of the pack. As one IT leader there told me: "If we don't figure out how to use technology to improve our business, some upstart is going to come along and eat our lunch."

The disruption that Uber and Lyft have cuased the traditional taxi industry, and Airbnb has caused the hotel industry, has made everyone realize that there is no corporate sector that is immune to digital disruption at one point or another.
Susan_Nunziata
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Susan_Nunziata,
 User Rank: Strategist
5/21/2015 | 6:43:34 PM
Re: New technologies
@jastroff: your question about insurance is a good one, and it did come up in the discussions at the MIT event. Apparently insurance and government regulations are considered to be two of the impediments facing driverless cars. That is an issue that is still to be worked out. The car has reportedly been driven a total of 1.7 million miles during the past six years, and for nearly a million of those miles the car was in self-driving mode, according to an article in Fortune. Yet, they've had only 11 accidents, all of which were found to be the fault of other drivers: http://fortune.com/2015/05/13/google-humans-to-blame-for-accidents-involving-self-driving-cars/

What i have not seen reported on is how those accidents, none of which were major or caused any serious injuries, were handled by the insurance companies of the drivers involved.
Susan_Nunziata
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Susan_Nunziata,
 User Rank: Strategist
5/21/2015 | 6:28:31 PM
Re: New technologies
@Shamika--Your view was pretty well the POV of many of the speakers at the MIT event, that it's now the CIO's imperative to stay ahead of any technology learning curves, since every company today is effectively a digitla business.
Susan_Nunziata
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Susan_Nunziata,
 User Rank: Strategist
5/21/2015 | 6:26:05 PM
Re: Professor Poggio
@Ben: Touche!

:)

Their statement says: "Mobileye N.V., the global leader in the design and development of camera-based Advanced Driver Assistance Systems, today announced that an article published in InformationWeek on May 20, 2015 quoted an industry expert and current director as stating that the company is commencing work with Apple on an autonomous driving project.  The company is not currently at work with Apple."

Notice anything missing there?

Curiouser and curiouser...
SachinEE
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SachinEE,
 User Rank: Ninja
5/21/2015 | 3:20:00 PM
Re: New technologies
@jastroff: I agree with you. Basically it is the duty of the CIO to get information about competing and newer technologies and consult with the CEO, it is the CEO who makes executive decisions on the decision tree of the company. However it also depends upon the success of the company on existing technologies. If the company's technologies are towering over others then they do not need to change the technology throughout. Minor changes will suffice.
Ben Simon
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Ben Simon,
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5/21/2015 | 3:04:52 PM
Professor Poggio
Probably worth mentioning that Professor Poggio who spoke so highly of Mobileye is actually a member of their Board of Directors.  Maybe Wordsmith's automated article writing tool would have caught that ;)  Interestingly, Mobileye also just put out a release clarifying Poggio's comment citing that Mobileye is NOT currently working with Apple. Strange...

 
jastroff
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jastroff,
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5/21/2015 | 11:39:28 AM
Re: New technologies
How much CIOs want to know about advanced technology, or technology out of their area, depends on whether they want to be early adopters or fast followers, further back in the pack. Keeping up-to-date is a choice. I've always found the best CIOs to be curious about how technology is evolving in all spaces.

One question -- who provides insurance for diverless cars? And how much will it cost?
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