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Jon Keegan

Footage, data from deadly Tesla crashes casts doubts on Autopilot

A major Wall Street Journal investigation has gathered data and chilling videos from over 200 Tesla Autopilot crashes.

The investigation found evidence that Tesla’s move away from lidar (a highly accurate technology similar to radar that uses lasers instead of electromagnetic waves) to gauge distance in favor of a cheaper AI and camera based system, has led to deadly accidents where road obstacles were not identified in time to safely stop the vehicle.

The family of a Tesla driver that was killed while using Autopilot has been trying to get access to the footage from Tesla for over a year. 

On Tesla’s Q2 earnings call last week, Musk boasted about the quality of the Autopilot feature. “People actually don't know how good the system is, and I would encourage anyone to understand the system better to simply try it out and let the car drive you around,” said Musk.

Tesla CEO Elon Musk has been leaning into Tesla’s Autopilot, putting the technology at the center of the car maker’s plans to roll out autonomous “robotaxis.”

A persistent obsession of Musk’s, the robotaxi would depend upon Tesla’s Autopilot technology, as in Walter Isaacson’s biography of Musk, the CEO said:

“No mirrors, no pedals, no steering wheel. This is me taking responsibility for this decision. Let me be clear, this vehicle must be designed as a clean robotaxi. We're going to take that risk. It's my fault if it fucks up. But we are not going to design some sort of amphibian frog that's a halfway car. We are all in on autonomy.” 

Asked on the earnings call when investors should expect the first robotaxi, Musk said it depends on the company perfecting unsupervised full self driving. “It's difficult. Obviously my predictions on this have been overly optimistic in the past.”

The family of a Tesla driver that was killed while using Autopilot has been trying to get access to the footage from Tesla for over a year. 

On Tesla’s Q2 earnings call last week, Musk boasted about the quality of the Autopilot feature. “People actually don't know how good the system is, and I would encourage anyone to understand the system better to simply try it out and let the car drive you around,” said Musk.

Tesla CEO Elon Musk has been leaning into Tesla’s Autopilot, putting the technology at the center of the car maker’s plans to roll out autonomous “robotaxis.”

A persistent obsession of Musk’s, the robotaxi would depend upon Tesla’s Autopilot technology, as in Walter Isaacson’s biography of Musk, the CEO said:

“No mirrors, no pedals, no steering wheel. This is me taking responsibility for this decision. Let me be clear, this vehicle must be designed as a clean robotaxi. We're going to take that risk. It's my fault if it fucks up. But we are not going to design some sort of amphibian frog that's a halfway car. We are all in on autonomy.” 

Asked on the earnings call when investors should expect the first robotaxi, Musk said it depends on the company perfecting unsupervised full self driving. “It's difficult. Obviously my predictions on this have been overly optimistic in the past.”

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Meta projected 10% of 2024 revenue came from scams and banned goods, Reuters reports

Meta has been making billions of dollars per year from scam ads and sales of banned goods, according internal Meta documents seen by Reuters.

The new report quantifies the scale of fraud taking place on Meta’s platforms, and how much the company profited from them.

Per the report, Meta internal projections from late last year said that 10% of the company’s total 2024 revenue would come from scammy ads and sales of banned goods — which works out to $16 billion.

Discussions within Meta acknowledged the steep fines likely to be levied against the company for not stopping the fraudulent behavior on its platforms, and the company prioritized enforcement in regions where the penalties would be steepest, the reporting found. The cost of lost revenue from clamping down on the scams was weighed against the cost of fines from regulators.

The documents reportedly show that Meta did aim to significantly reduce the fraudulent behavior, but cuts to its moderation team left the vast majority of user-reported violations to be ignored or rejected.

Meta spokesperson Andy Stone told Reuters the documents were a “selective view” of internal enforcement:

“We aggressively fight fraud and scams because people on our platforms don’t want this content, legitimate advertisers don’t want it, and we don’t want it either.”

Per the report, Meta internal projections from late last year said that 10% of the company’s total 2024 revenue would come from scammy ads and sales of banned goods — which works out to $16 billion.

Discussions within Meta acknowledged the steep fines likely to be levied against the company for not stopping the fraudulent behavior on its platforms, and the company prioritized enforcement in regions where the penalties would be steepest, the reporting found. The cost of lost revenue from clamping down on the scams was weighed against the cost of fines from regulators.

The documents reportedly show that Meta did aim to significantly reduce the fraudulent behavior, but cuts to its moderation team left the vast majority of user-reported violations to be ignored or rejected.

Meta spokesperson Andy Stone told Reuters the documents were a “selective view” of internal enforcement:

“We aggressively fight fraud and scams because people on our platforms don’t want this content, legitimate advertisers don’t want it, and we don’t want it either.”

$350B

Google wants to invest even more money into Anthropic, with the search giant in talks for a new funding round that could value the AI startup at $350 billion, Business Insider reports. That’s about double its valuation from two months ago, but still shy of competitor OpenAI’s $500 billion valuation.

Citing sources familiar with the matter, Business Insider said the new deal “could also take the form of a strategic investment where Google provides additional cloud computing services to Anthropic, a convertible note, or a priced funding round early next year.”

In October, Google, which has a 14% stake in Anthropic, announced that it had inked a deal worth “tens of billions” for Anthropic to access Google’s AI compute to train and serve its Claude model.

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