January 20, 2018
Bitcoins Power Needs May Be Overblown
Speculation that Bitcoin mining will lead to “uncontrolled growth” in electricity consumption may be overblown, recalling the hype that surrounded projections for data centers and marijuana growing.
While Bitcoin miners currently use about as much electricity as Ireland, they are "very unlikely" to reach the "ultra-high-end" threshold of 350 terawatt-hours a year — a level that would only amount to 1.4 percent of global demand, according to a research note published Tuesday by Credit Suisse Group AG.
“This is a far cry from the power and environmental Armageddon that some have feared,” the analysts, led by Michael Weinstein, wrote in the report.
There’s a growing debate over how much power will be sucked up by the world’s growing ranks of cryptocurrency miners. When Bitcoin skyrocketed in 2017, the electricity demand associated with it climbed to about 20.5 terawatt-hours a year, according to a report published last week by Bloomberg New Energy Finance. Miners earn bitcoin-denominated rewards for performing the complex calculations needed to confirm transactions in the cryptocurrency.
Morgan Stanley analysts said in a note last week that these miners could require up to 140 terawatt-hours of electricity in 2018, about 0.6 percent of the global total. The trend could be a growth driver for renewable energy producers from the U.S. to China, the analysts said.
Hydro-Quebec, Canada’s biggest electric utility, has said it’s in "very advanced" talks with miners about relocating there and that it envisions them soaking up about five terawatt-hours of power annually — equivalent to about 300,000 Quebec homes — from the surplus created by the region’s hydroelectric dams.
Urges Caution
Credit Suisse offered caution for investors hoping to "benefit significantly" from the growth in global electricity demand. At current Bitcoin and electricity prices, power and fuel suppliers may have as much as $5 billion in "global annual revenue opportunity." That compares to the more than $6 trillion of global energy expenditures each year.
“This is a small portion of global electric usage and an even smaller portion of total global energy expenditures,” the report said.
For more on Bitcoin’s recent reversal of fortunes, read this story
The commentary about Bitcoin and electricity usage is reminiscent of that concerning data centers and marijuana cultivation in recent years, the analysts said. In both cases, energy efficiency measures helped dash early estimates of ballooning electricity demand.
“The data center industry has demonstrated its ability to vastly improve energy efficiency as it has scaled upward," the report said.
As for marijuana, “with legalization, growers began upgrading to energy-efficient LED lights, pumps and cooling systems as they no longer have to hide their plants from law enforcement."
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March 29, 2018
Human Driver Could Have Avoided Fatal Uber Crash, Experts Say 0
by MeDaryl • Cars • Tags: Arizona, Automotive, Autonomous Vehicle, business, hyperdrive, law, MORGAN STANLEY, National Transportation Safety Board, Software, Sport Utility Vehicles, technology, UBER TECHNOLOGIES INC, WEXCO INTERNATIONAL CORP
The pedestrian killed Sunday by a self-driving Uber Technologies Inc. SUV had crossed at least one open lane of road before being hit, according to a video of the crash that raises new questions about autonomous-vehicle technology.
Forensic crash analysts who reviewed the video said a human driver could have responded more quickly to the situation, potentially saving the life of the victim, 49-year-old Elaine Herzberg. Other experts said Uber’s self-driving sensors should have detected the pedestrian as she walked a bicycle across the open road at 10 p.m., despite the dark conditions.
Herzberg’s death is the first major test of a nascent autonomous vehicle industry that has presented the technology as safer than humans who often get distracted while driving. For human driving in the U.S., there’s roughly one death every 86 million miles, while autonomous vehicles have driven no more than 15 to 20 million miles in the country so far, according to Morgan Stanley analysts.
"As an ever greater number of autonomous vehicles drive an ever greater number of miles, investors must contemplate a legal and ethical landscape that may be difficult to predict," the analysts wrote in a research note following the Sunday collision. "The stock market is likely too aggressive on the pace of adoption."
Zachary Moore, a senior forensic engineer at Wexco International Corp. who has reconstructed vehicle accidents and other incidents for more than a decade, analyzed the video footage and concluded that a typical driver on a dry asphalt road would have perceived, reacted, and activated their brakes in time to stop about eight feet short of Herzberg.
Other experts questioned the technology. The Uber SUV’s "lidar and radar absolutely should have detected her and classified her as something other than a stationary object," Bryant Walker Smith, a University of South Carolina law professor who studies self-driving cars, wrote in an email.
Smith said the video doesn’t fully explain the incident but "strongly suggests a failure by Uber’s automated driving system and a lack of due care by Uber’s driver (as well as by the victim)."
The video shows the vehicle driving for about four seconds before ending just as Herzberg is about to be hit by the SUV’s front, right bumper. The woman can be seen taking several steps while visible and appeared to be moving at a normal walking pace as she’s crossing the road outside of a crosswalk and does not look up at the SUV. Police have said the car didn’t slow or swerve to avoid the impact. She later died at a hospital.
Earlier: Picking Out the Pedestrian May Have Foiled Uber’s Robot Ride
"Uber has to explain what happened," said Mike Ramsey, an analyst at researcher Gartner Inc. who focuses on autonomous driving technologies. "There’s only two possibilities: the sensors failed to detect her, or the decision-making software decided that this was not something to stop for."
Uber’s self-driving system includes radar, cameras and lidar, which uses lasers to detect objects. The system is designed to provide a 360-degree virtual view of the environment surrounding the car. Ramsey said it is "mystifying" why the vehicle didn’t react given that lidar systems like the one used on Uber’s SUV have a detection range of at least 100 meters and work better at night than during the daytime.
“The video is disturbing and heartbreaking to watch, and our thoughts continue to be with Elaine’s loved ones,” Uber said in an emailed statement after the video’s release. “Our cars remain grounded, and we’re assisting local, state and federal authorities in any way we can.” The company is cooperating with the investigations. It declined to comment further on Thursday.
Herzberg becomes visible in the car’s headlights as she pushes a bicycle across the road at least two seconds before the impact.
Related: Uber Autonomous Accident Video Shows Car Just Before Collision
"This is similar to the average reaction time for a driver. That means that, if the video correctly reflects visible conditions, an alert driver may have at least attempted to swerve or brake," Smith said.
The comments contrast with those made by the Tempe police chief, who told multiple media outlets that the pedestrian moved suddenly in front of the car and the crash didn’t seem preventable after reviewing footage of the collision.
"It’s very clear it would have been difficult to avoid this collision in any kind of mode,” Sylvia Moir, the police chief in Tempe, Arizona, told the San Francisco Chronicle.
Moore, the forensic engineer at Wexco, said dashcam videos tend to understate what humans drivers can see. While the pedestrian appears from the shadows in the video, a human driver may have had a better view if they’d been watching, he said.
Sean Alexander, of Crash Analysis & Reconstruction LLC, concurred. "Video makes everything in the light pattern brighter and everything out of the beam darker. A human eye sees it much clearer," he said.
Alexander also agreed with Moore’s analysis that a human driver could have avoided hitting Herzberg. "During the time the vehicle should have been braking, the pedestrian would have had additional time and would have cleared without the vehicle actually having to stop," Alexander said.
Tempe police released a statement Tuesday saying that "fault has not been determined in this case" and that a decision on criminal charges would be left to county prosecutors once the investigation is complete.
The video also included footage of the Uber backup driver who monitors the vehicle’s operation from behind the wheel while the computers drive. Out of approximately 13 seconds of that recording, the driver was looking down and away from the road for about 10 seconds. The driver looked up about a second before the recording ends and gasped upon seeing the impending collision.
"Even if the safety driver had been totally paying attention, there’s an awkwardness with the machine if you’re anticipating the machine is going to be able to handle a situation," Ramsey said. "You don’t know when you should jump in."
While it’s too early to say why the car hit the woman, the video doesn’t show the crash was unavoidable, said Ryan Calo, a law professor at the University of Washington who specializes in robotics and artificial intelligence.
“The idea that the video absolves Uber is essentially incorrect,” Calo said.
The important question for investigators won’t be whether the woman was visible in the low-definition video, he said. It will be what the car’s sophisticated sensors picked up and how the software interpreted that data.
“Even if the cameras did not perceive her in time, why didn’t the lidar see her and why didn’t the software predict that she would continue on the path she was on?” Calo said.
The video has been obtained by the National Transportation Safety Board and will be examined as part of its probe. The safety board has increasingly used video in its investigations and has a lab in Washington where it examines various recording devices to tease out useful forensic data.
It’s important not to read too much into the video without additional context on how the self-driving system was functioning and the conditions on the road, said Deborah Hersman, president of the National Safety Council.
“Seeing a few seconds of video raises more questions than answers,” said Hersman, who also served as chairman of the NTSB. “We have very little information about the performance of the technology and that needs to be developed in a transparent fashion and shared broadly so everyone can learn from this tragic event.”
Uber said on Monday that it was pausing tests of all its self-driving vehicles on public roads in Pittsburgh, San Francisco, Toronto and the greater Phoenix area. In Boston, self-driving startup NuTonomy Inc. halted its tests after city officials requested a pause following the Arizona crash.
Read more: http://www.bloomberg.com/news/articles/2018-03-22/video-said-to-show-failure-of-uber-s-tech-in-fatal-arizona-crash