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Will AMAZON be in every room of your house?

There are many companies working diligently on interesting Artificial Intelligence (AI) projects, ranging from medical imaging to autonomous vehicles and advanced robotics. We see AI as being a disruptive technology that will have long term and far reaching impacts, and the changes envisioned will be evolutionary rather than revolutionary.  Machine learning is an iterative process, and each iteration takes time, as well as careful monitoring and tweaking by software engineers.  Often these advances spawn ethical and moral questions…Click here for full article.

Wheaton Precious Metals exceeds 2018 production guidance, declares dividend

Wheaton Precious Metals, (TSE: WPM) one of the largest precious metals streaming companies in the world, announced record gold production and sales in 2018 and declared a $0.09 per share first quarter dividend for 2019 on Wednesday.

In the fourth quarter of 2018, Wheaton generated almost $110 million in operating cash flow, bringing total operating cash flow for the year to over…Click here for full article.

How much oil is displaced by electric vehicles? not much, so far

Electric vehicles are taking ever-bigger bites out of global oil demand, but they haven’t yet caught up with the growing size of the pie.

Gasoline and diesel displacement by electric vehicles will grow by 96,000 barrels a day this year, BloombergNEF said in a report Tuesday. That brings the lost cumulative demand since 2011 at 352,000 barrels a day, about as much as total consumption by some countries, such as Peru or Portugal. By comparison, total global oil demand growth over the same period rose 12 million barrels a day to 100.6 million, according to the International Energy Agency.

Still, the volume of oil displaced this year is nearly 14 times higher than…Click here for full article.

Tesla Model Y Unveiled: An Affordable (Sort of) Midsize EV Crossover

The Tesla Model Y introduced late Thursday is everything Tesla has promised, and less. This is the smaller SUV in the Tesla fleet, a sibling to the Model 3 sedan. But: The cheapest Model Y will cost $40,200 with zero options, and it won’t be available for two more years. It’s so far off, you can’t even put down a $2,500 deposit today, let alone configure it. The Model Ys you can order today will be delivered fall 2020, a year and a half away,…Click here for full article.

Quote of the Week – Dan Donovan

A former lobbyist talks about the real power in government – and it should scare the heck out of all of us.