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2021-08-24

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Massive AI Project Will Supercharge Tesla Stock

Tesla (TSLA)is on the verge of a game-changing breakthrough in machine learning yet the only thing p

Massive AI Project Will Supercharge Tesla Stock

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The two-pronged goal of the event was to show off its AI progress, and to recruit of new engineers.</p>\n<p>Plans went awry when Tesla-bot, a 5’8” nonfunctional humanoid robot appeared on stage.</p>\n<p>This is why investors should consider buying buy Tesla shares anyway.</p>\n<p>Let’s be clear. The AI day presentation was mind-blowing. Tesla engineers are aiming so high it is hard to put the scale of innovation in perspective. Lex Fridman, an acclaimed AI researcher working at MIT and often a Tesla critic characterized the event succinctly:</p>\n<p>“Tesla AI day presented the most amazing real-world AI and engineering effort I have ever seen in my life.”</p>\n<p>In the past, FridmancriticizedElon Musk, Tesla’s chief executive officer for downplaying the difficulty of the full self-driving problem. In Fridman’s view, the obstacles to FSD are so daunting he didn’t believe any firm could successfully navigate the landscape within the next 5-10 years.</p>\n<p>The Tesla AI day changed his mind. That is saying something.</p>\n<p>Musk and his team completely reimagined computer vision by thinking exponentially bigger. Then they built models to collect and label the data, and a new processor to make sense of it all.</p>\n<p>The idea of AI conjures up rooms full of computers deciphering data and making choices on the fly. In reality, Tesla still employs 1,000 engineers who manually label pedestrians and orange road cones. The latest software iteration is getting much better at auto-labeling. Musk said on Thursday that the neural network model is being completely retrained about every 2 weeks.</p>\n<p>Processing is certain to improve when Tesla’s Dojo computer is outfitted with the latest in-house chips designed specifically to optimize neural networks. 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The two-pronged goal of the event was to show off its AI progress, and to recruit of new engineers.\nPlans went awry when Tesla-bot, a 5’8” nonfunctional humanoid robot appeared on stage.\nThis is why investors should consider buying buy Tesla shares anyway.\nLet’s be clear. The AI day presentation was mind-blowing. Tesla engineers are aiming so high it is hard to put the scale of innovation in perspective. Lex Fridman, an acclaimed AI researcher working at MIT and often a Tesla critic characterized the event succinctly:\n“Tesla AI day presented the most amazing real-world AI and engineering effort I have ever seen in my life.”\nIn the past, FridmancriticizedElon Musk, Tesla’s chief executive officer for downplaying the difficulty of the full self-driving problem. In Fridman’s view, the obstacles to FSD are so daunting he didn’t believe any firm could successfully navigate the landscape within the next 5-10 years.\nThe Tesla AI day changed his mind. 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Massive AI Project Will Supercharge Tesla Stock

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