About This Source - Bloomberg QuickTake: Now
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Recent from Bloomberg QuickTake: Now:
Bloomberg QuickTake: Now published this video item, entitled “PlayStation Inventor Ken Kutaragi Makes Robots For No Pay” – below is their description.
Ken Kutaragi, the legendary inventor of the PlayStation gaming console, is taking on one of the hardest jobs in robotics. And he’s getting paid nothing to do it. The founder of Sony Corp.’s gaming business is the new chief executive officer of Ascent Robotics Inc., a Tokyo-based artificial intelligence startup. Kutaragi, 70, wants to make affordable robots that can safely move around and do physical work alongside humans in factories and logistics centers, and aims to have a working prototype in about a year. He said he receives no salary to save precious capital. “The Covid-19 outbreak has turned the old argument about robots taking our jobs on its head,” Kutaragi said in his first interview since taking the helm. “It’s pretty clear now that if we want to arrive at a new normal, we need more and more robots in our daily lives.” Kutaragi is vague about how he plans to accomplish this, other than to say partnerships will be key to moving forward. Ascent has already been working with Kawasaki Heavy Industries Ltd. on a robotic arm that can pick parts out of a jumble using a single camera as input. It’s also developing an autonomous driving software in collaboration with an unnamed Japanese car manufacturer. The company uses a combination of data from sensor-studded Lexus hybrids cruising Tokyo’s streets and a simulated environment where they can train the algorithms on so-called edge case scenarios. ‘Fast and Furious’ Driverless Cars Aren’t as Crazy as They Sound The challenge is that he is trying to combine two technologies that have so far over-promised and under-delivered: autonomous driving and collaborative robots. The world’s biggest industrial automation companies including Fanuc Corp., ABB Ltd. and Kuka AG have struggled to grow the market for machines that can work alongside humans. At the same time, cars that can drive themselves seems to be perennially over the horizon. “If you are looking to combine robotics and mobility, you need someone in charge who understands technology,” Kutaragi said. “We are thinking globally, not limiting our sights to Japan.” Kutaragi has a track record of solving difficult technical and business problems. He started his career at Sony in the 70s, working on some of the electronics giant’s most successful projects including liquid crystal displays and digital cameras. In the 90s, he revolutionized video gaming by coming up with the model of spending billions on developing cutting-edge hardware and then recouping costs through content licensing deals. Kutaragi also demonstrated a keen sense of technology trends, famously shipping the PlayStation 2 with a DVD player and spurring the adoption of the new laser disc technology. Since leaving Sony in 2007, he has sat on the boards of e-commerce giant Rakuten Inc., app developer SmartNews Inc. and GA Technologies, which runs an AI-powered real estate listings website. Kutaragi, who has served as Ascent’s outside board director since 2018, took over the CEO post on Aug. 26, a change that was announced weeks later. His predecessor, Masayuki Ishizaki, became the chief operating officer. Kutaragi owns about 22% of Ascent, a stake he acquired from founder Fred Almeida, who left the startup earlier. Ascent, founded in 2016, raised about $18 million to date and employs about 50 engineers, most of whom are foreigners. Kutaragi declined to say how much runway the company has left and whether it plans additional financing. “If we don’t do it, someone else out there will,” Kutaragi said. “Management is tough, but that’s how it was with PlayStation too. It’s something I’m good at.”Bloomberg QuickTake: Now YouTube Channel
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In This Story: COVID-19
Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
Symptoms of coronavirus
The main symptoms of coronavirus are:
- a persistent new cough (non productive, dry)
- a high temperature (e.g. head feels warm to the touch)
- shortness of breath (if this is abnormal for the individual, or increased)
Latest News about Covid-19
Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.