We have been so focused on the auto sector. We had the auto show underway in detroit. When we think of self driving, we think of the auto manufacturers, but you also have to think about the paint manufacturers. That is what you guys write about this week . Jim this is a really interesting story, because we think this technology is all about sensors and hightech things and now some of the most oldschool companies around, paint manufacturers, are sort of key to the new technology. What it turns out that for all the sensors we are equipping newfangled cars with, Autonomous Vehicles need to be able to bounce off another oncoming vehicle or vehicles around and then they judge the distance between them, they do crucial to make this work. The problem is it turns out theres a blind spot these sensors have, and that is people cant read very well cars that are black or dark colored. Carol and there are a lot out there. Jim thats it. The bouncing needed to determine distance between things doesnt
Bloomberg businessweek jim ellis. I want to start at the business, because there is a fascinating story. We had the auto show underway in detroit. When we think of self driving, we think of the auto manufacturers, but you also have to think about the paint manufacturers. We think this technology is all about sensors and hightech things and now some of the most ,ldschool companies around paint manufacturers are key to the new technology. It turns out that for all the sensors we are equipping newfangled cars with, Autonomous Vehicles need to be able to bounce off another oncoming vehicle or vehicles around and they judge the distance between them, they do crucial to make this work. Problem is, there is a blind spot these cars these sensors cantnd that his people read very well cars that are black or dark colored. Carol and there are a lot out there. James that is it, the bouncing needed to determine distance between things doesnt happen with black. Paint manufacturers are coming up with
New bloomberg reports shines on Clean Energy Investment. China is far and away the world leader in terms of the most amount of capital been deployed and the most of the equipment. By 2040, about 53 of new sales will be electric. Buckle up, conversations from the north American International auto show. It is a milestone for our future plans, but there is more to come. Our group is coming from a degree of buoyancy from the markets but this is market share growth. They can have the option of delegating tasks to that vehicle that their grandfather never expected, including never crashing. It is all ahead on bloomberg best. Hello and welcome. I am juliette saly. This is bloomberg best, your weekly review of the most important business, news, analysis, and headlines from television around the world. U. S. Markets were closed on monday but the week began with a startling corporate headline from the u. K. Mightyoncmarket the once u. K. Construction giant carillion has collapsed. Carillion has
Bloomberg businessweek, jim ellis. I want to start at the business, because there is a fascinating story. We have been so focused on the auto sector. We had the auto show underway in detroit. When we think of self driving, we think of the auto manufacturers, but you also have to think about the paint manufacturers. That is what you guys write about this week . Jim this is a really interesting story, because we think this technology is all about sensors and hightech things and now some of the most oldschool companies around, paint manufacturers, are sort of key to the new technology. It turns out that for all the sensors we are equipping newfangled cars with, Autonomous Vehicles need to be able to bounce off another oncoming vehicle or vehicles around and then they judge the distance between them, they do crucial to make this work. The problem is it turns out theres a blind spot these sensors have, and that is people cant read very well cars that are black or dark colored. Carol and the
Markets. We have to talk about the markets because we all started off the week with a crazy stock market. Joel it has been a wild week. The backdrop starts last friday with the jobs report. Markets come back on monday and there happens to be a new fed chair. That backdrop is a really interesting thing that ends with this major selloff on monday. On tuesday, it goes the other way. I think everybody has been a little whiplashed by that. A bigger conversation nine years into this epic bull market. A lot of Retail Investors have only ever seen green and this is their first time seeing red. Carol a lot of millennials, right . Joel the youngs. It is so easy to trade now. If you think about what it was like nine years ago to where it is at now, you can do this on the smartphone with a touch of a button and that is a free transaction. That builds in really bad behavior. That is part of what we read about this week. Even as it is becoming incredibly easy, that behavioral decisions that are bad