How Tesla is Using AI to Solve FSD w/ ARK Analyst Will Summerlin Part 1 (Ep. 329)

I’m joined by Will Summerlin, artificial intelligence analyst at ARK Invest as we discuss Tesla AI, 2020s being the decade of data advantage, and the future of AI. (recorded on 5/20/21) Will Summerlin on Twitter: https://twitter.com/summerlinARK Timestamps 00:00 - Introduction 1:00 - How do you view AI and its significance? 2:48 - How is the AI revolution different from the computer or internet revolution? 5:20 - Applications of AI automation 6:55 - Data advantages in the next 1-2 decades 10:16 - Certain types of data that are super valuable 13:21 - "Valuable data" in autonomous driving 14:07 - What's stopping OEMs and other tech companies from gathering valuable autonomous driving data? 17:40 - How big of a task is it to capture and label autonomous driving data? 19:30 - Where is Tesla headed with Dojo? 23:26 - Does Tesla have an advantage over Google TPU? 26:05 - Dojo AI as a service? 28:28 - Could Tesla release an API decoding images and distances? 31:30 - Tesla as one of the biggest AI companies in the world? 35:40 - Finding data scientists and AI engineers 39:13 - Real world AI vs digital AI 42:55 - Apple car and Waymo 45:22 - What's your take on Lidar? 49:00 - Incentive structure in companies and risk 56:35 - How close is Tesla to solving FSD? 57:57 - Can Tesla do a household robot or drone? 1:01:50 - Last foot delivery 1:05:00 - Conclusion Social 🐦 Twitter https://mobile.twitter.com/heydave7 🎧 Apple Podcast: https://podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991 🎙️Spotify https://open.spotify.com/show/2iin015s0k21Bt4ldep9XT?si=uBV4Ft8hQEu_GE4YSIDDGg 📸 Instagram https://www.instagram.com/heydave7 Dave Lee on Parenting, https://www.youtube.com/channel/UCWD9b1BZqi2G2u30sGYIFrA 💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date. Buying a Tesla? 🚗 Car: Use my referral link to receive 1,000 free Supercharger miles with the purchase of a new Tesla. http://ts.la/david7556 ☀️ Solar: You’ll get $100, I’ll get $500 for a new install of a Tesla solar system. http://ts.la/david7556 Videos: Tesla ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QkDHJ5hbv5rMvpRse9C-re SpaceX Starlink ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QrcuyoiO1tjQs_yzer72EI Square ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9Q3PIw2JOQr4qoL_fSrIZA7 Lemonade ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9StEd21tlQBndopSTek8iAZ Company Analysis Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QMjeqM7he4G7FLhI88ZXdo Interviews: https://www.youtube.com/playlist?list=PLfibpgBinf9QdC6pEaycZvv3pGyvEbO8P Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768