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/biz/ - Business & Finance

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20464718

RLCbro !v5Ej1kgNHM Sat Jul 18 06:42:11 2020 No.20464718 [Reply] [Original]

Hello RLC bros, yesterday I wrote a bit about TCF and immediate use-case of iExec with Ethereum/Hyperledger/Avalon but today I wanted to write more about the big picture and the long term applications (>5 years) for a decentralised cloud computing marketplace.

Let’s talk about cars.
Currently if you follow a bit the automotive industry you know there are huge changes happening, probably the biggest since Ford revolutionized the industry with the Model T, and it is NOT the move from ICE to batteries.
I don’t want to go too deep in a controversial discussion about Tesla and its valuation/bubble, but the big money is NOT primarily investing in Musk boxes on 4 wheels, they are investing in the fact that Tesla has billions of miles of data to train their Autopilot model. Every time a Tesla drives 100 miles they upload few Mb of data to the motherbase, they’re doing that since 2014, most car makers only implemented data collection during the last 2 years or if before at much smaller scale than what Musk does.

Waymo (former Google Cars) has got all sort of valuations thrown at it during the last year in the same window as Tesla, all in the hundred of billions because even though they have a much smaller fleet than Tesla, they likely benefit from other data collection and processing initiatives (Google Map, Recaptcha, etc…).

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RLCbro !v5Ej1kgNHM Sat Jul 18 06:43:21 2020 No.20464731
File: 447 KB, 2501x2440, CarCompanies.png [View same] [iqdb] [saucenao] [google]

Right now other manufacturers are finally understanding what’s happening, they began acquiring startups like Argo AI and Cruise. VW and Ford were in such a hurry they accepted to make an alliance on Argo AI and they’re throwing billions at it.

Car makers are like the phone makers from the last decade in the sense that their hardware and software are decoupling, the difference however is it’s not about user experience or features here, it’s ALL about the data and the first one to reach a certain level of safety will very likely end up being the hegemonic solution.

So maybe you’re thinking
>"they will let their cars run a lot and wait for the results then"
WRONG anon! The threshold for safety for self driving is much much higher than consumer faced software, you can get your social media account hacked or even your credit card number stolen, it’s not the end for you, if you crash into a truck on the exchanger because the sensor broke you’re probably dead or crippled for life. Data collected by the cars are not enough, it needs to anticipate by knowing what is out of sight.

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RLCbro !v5Ej1kgNHM Sat Jul 18 06:46:51 2020 No.20464771
File: 66 KB, 638x479, SmartCity.jpg [View same] [iqdb] [saucenao] [google]

Today every city is full of cameras, traffic lights, meteo sensors with satellites monitoring them in almost real time. That’s where the IoT and smart cities memes enter the picture, with them you can have data redundancies that are independent and separated from the cars and can largely be used to improve real-time decision making.

The thing is the car manufacturers sell everywhere on the planets and all these city data points are controlled by tens of thousands of different entities, either private or public who come and go, these data are not necessarily processed either (it’s not because a camera films something that it’s doing real time object recognition for example). The yesterday solution is each manufacturer signing tens of thousands of contracts with these entities, setting up there own servers, etc… pretty much a logistical nightmare. Then you have the iExec solution, which is to transact and process these data on a global cloud computing marketplace in real time when needed, they’re so big brained that they even went as far as making a video giving us a glimpse:
>https://www.youtube.com/watch?v=VEh3JHivS10

>>	Anonymous Sat Jul 18 06:47:02 2020 No.20464774 File: 83 KB, 534x263, GODLIKEGILLES.png [View same] [iqdb] [saucenao] [google] >>20464718 >>20464731 Based and gillespilled.

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RLCbro !v5Ej1kgNHM Sat Jul 18 06:55:22 2020 No.20464854
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But wait there is more, in 2018 iexec sealed a deal with Wuhan (yes, the bat soup capital), they are going to integrate iexec in the smart-city infrastructure after the V5.

>>	Anonymous Sat Jul 18 07:11:05 2020 No.20465025 File: 95 KB, 680x450, mY7lnRs.png [View same] [iqdb] [saucenao] [google] >>20464854 Digital bat soup

>>	Anonymous Sat Jul 18 07:14:03 2020 No.20465057 >>20464854 woah

>>	Anonymous Sat Jul 18 07:19:33 2020 No.20465114 >>20464718 Great info anon keep it up. Much better than spamming capslock nonsense

>>	Anonymous Sat Jul 18 07:34:15 2020 No.20465320 File: 811 KB, 974x602, BA793C93-1C0A-4FF6-8C17-EC75FB682AB6.jpg [View same] [iqdb] [saucenao] [google] >>20465114 Yin and yang, that’s how you know

>>	Anonymous Sat Jul 18 07:36:13 2020 No.20465341 >>20465114 Dude you realize the whole thing pumping like this is because of him right? And the digital oil meme/bitcoin of cloud computing? Hes the assblaster of RLC

>>	Anonymous Sat Jul 18 07:39:29 2020 No.20465381 Its good to have both methanon and rlcbro