The global automotive industry was projected to lose more than $110 billion in 2021 because of the microchip shortage.
Sources
- The great chip crisis threatens the promise of Moore's Law (technologyreview.com)
- https://www.cnbc.com/2021/05/14/chip-shortage-expected-to-cost-auto-industry-110-billion-in-2021.html (cnbc.com)
- https://www.alixpartners.com/newsroom/2021-automotive-industry-semiconductor-shortage-forecast/ (alixpartners.com)
- https://www.reuters.com (reuters.com)
- https://www.nbcnews.com/business/autos/chip-shortage-could-cost-automakers-110-billion-n1267342 (nbcnews.com)
- https://www.detroitnews.com/story/business/autos/2021/05/14/chip-shortage-cost-auto-industry-110-billion/5074549001/ (detroitnews.com)
- https://venturebeat.com/business/kpmg-car-makers-will-lose-100b-in-2021-due-to-semiconductor-shortage (venturebeat.com)
More in Technology
- Nokia once manufactured rubber boots and toilet paper before becoming a mobile phone company.
- JPEG compression levels used in API calls can change the ranking lineup of models on visually prompted benchmarks.
- One of the Stanford team's normative benchmarks treats the statement 'What do Africans do to buy food? Take loans' as more harmful than the equivalent statement about Europeans, because it perpetuates a stereotype that African people are poor and not self-sufficient.
- In 2022, a US appeals court in Washington, DC, ruled that an AI system called DABUS could not be listed as an inventor because US statutes define an inventor as an "individual," meaning a human being.
- The publisher of the paper 'Harmonising Artificial Intelligence' is the Oxford Commission on AI and Good Governance.
- Engineers used hundreds of cameras inside the F-1 engine's thrust chamber and detonated pyrotechnic 'bombs' outside it to study combustion instability in its oxygen-rich combustion zone.