Happy Friday. We hope everyone was able to shake off the post-holiday cobwebs this week, but if not, rejoice: It’s nearly the weekend again.
In today’s edition:
Self-driving tractors Prediction roundup Gas fees
—Grace Donnelly, Dan McCarthy
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Dianna "Mick" McDougall; John Deere
Fully driverless vehicles may still be years away from hitting a street near you, but how about your local farm?
John Deere unveiled its first fully autonomous tractor at CES on Tuesday. While self-driving tractors have been running on farms for at least a decade, the new 8R tractor takes things a step further, allowing farmers to leave the cab and control the machine remotely.
Big picture: The world’s population is growing, and that means food production needs to increase rapidly. At the same time, the people who grow that food are aging—the average farmer in the US is older than 55—and having difficulty finding skilled agricultural workers.
John Deere says automation is the answer, but that solution comes with more costs for farmers and it has not yet been proven at scale.
“Now we’re layering in autonomy, so that the farmer is no longer tied to that machine all day, but can instead focus their attention on the jobs that require more expertise from them,” Deanna Kovar, vice president of production and precision ag production systems at John Deere, told Emerging Tech Brew.
The company has not released the price point for the tractor, but the existing 8R tractor and chisel plow for tilling sell for as much as $500,000, without autonomous features.
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For context, the annual cost of production for the average farm in the US was about $180,000 in 2020, according to the USDA.
The new autonomous 8R and chisel plow will be available for 10 to 50 farmers in the Upper Midwest to rent through select dealers when it rolls out in fall 2022. Kovar said the company hopes to at least double that number in fall 2023 and eventually switch to an ownership model.
How it works
The tractor uses machine learning to till the soil and can run 24 hours a day, only needing to stop every eight to 10 hours for refueling. Farmers track its progress and monitor any issues through an app, but don’t need to be in the cab or even in the field.
- The new 8R is equipped with six pairs of stereo cameras that give the machine the ability for 360-degree obstacle detection.
- The company says the tractor uses a deep neural network, which has been trained on more than 50 million images, from farms collected over the last three years, to guide the machine, but humans are on standby to help make decisions.
Looking ahead…In addition to tilling the soil, Kovar says John Deere aims to make planting seeds, applying fertilizers, and harvesting crops autonomous by the end of the decade.
Click here to read the full piece.—GD
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Francis Scialabba
Ah, January. A time for reflections and resolutions, predictions and prognostications. Lots, and lots of prognostications.
Rather than add our voices to the chorus of soothsayers, we’ve collected a list of some of the most interesting year-ahead documents we’ve seen thus far. Below is a selection of three, but click here to view our full list of 14 predictions docs.
Food tech: What food-industry professionals think 2022 will hold for food tech. (FoodHack)
- Sneak preview: Cultured meat will keep gaining steam, but there’s no expectation that it will be fully approved in the US this year. There could be a shroom boom, for everything from regular consumption to use in packaging.
Crypto: Crypto theses for 2022. (Messari)
- To say that 2021 was a big year for crypto is like saying Elon Musk is a Twitter troll: Duh. So what does 2022 hold for the space? Crypto research firm Messari put together 165 pages, spanning Bitcoin to Web3, trying to figure that out.
Engineering: 12 exciting engineering milestones to look for in 2022. (IEEE Spectrum)
- This one is less foretelling the future and more marking the calendar, but it’s a helpful document—maybe even more so for the decision to sidestep speculation.
Click here to see our full 2022 predictions reading list.—DM
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Verizon, ever heard of them? Of course you have. But have you heard that they now have 5G Ultra Wideband available in many more cities?
No? Well, that’s why we’re here! And we’re also here to tell you why this is such a big deal. Especially if you’ve got a business that needs to stay connected.
With 5G Ultra Wideband, you’ll get:
- Speeds up to 10x faster than what you have now. At no extra charge.
- Video and audio in HD. AKA fewer frozen faces and static-laden voices.
- A connection that’s faster and safer than public WiFi.
Verizon’s 5G Ultra Wideband means your downloads will happen in a fraction of the time—whether it’s blueprints or inventories, it’ll only take a matter of minutes or even seconds. You’ll also have the power to connect retail operations, enable online ordering, and curbside pickup.
Basically, 5G Ultra Wideband lets you do almost anything you want, only better, faster, and safer.
Get all the ultra cool details here.
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Francis Scialabba
With gas prices soaring and fossil-fuel usage burning up the planet, it’s safe to say the entire world has gas problems.
Ethereum, the network responsible for the world’s second-largest cryptocurrency and the foundation of all things NFT and Web3, also has a gas problem. Only it has little to do with fossil fuels and everything to do with fees.
“I think the word ‘gas’ is problematic,” Garrick Hileman, the head of research at Blockchain.com, told Morning Brew. “I think actually just dropping the term ‘gas’ would be helpful, because gasoline is not involved with what’s happening here.”
Let’s break it down: Gas fees are sliding-scale transaction fees that dictate which Ethereum orders get processed first. As Morning Brew’s Ashwin Rodrigues explains in this deep dive on gas fees:
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“Unprocessed orders for ethereum sit in a ‘mempool’ (memory + pool) where miners can see how much additional ‘gas’ (also called a ‘tip’ or ‘priority fee’) an individual is willing to pay to have their order prioritized, on top of a base fee automatically generated by the network, which factors in current demand.”
Bottom line: Gas fees are a way to incentivize miners to process transactions and keep the Web3 machine humming along, but they can price out less wealthy people and be used to extract extra cash from participants via a practice known as “frontrunning.”
Click here to read Ashwin's full piece on gas fees.—DM
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Now this is Ultra exciting: Verizon now has 5G Ultra Wideband available in many more cities, meaning your business can get speeds up to 10x faster, at no extra cost. With a connection that’s safer + faster than public WiFi, you can say farewell to unsecured networks and hello to quicker downloads, connected operations, and HD video and audio. Learn more here.
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Nickelodeon
Stat: Global venture capital funding smashed records last year, nearly doubling the previous year’s total. In 2020, VCs spent $335 billion, per Crunchbase—last year, they spent $643 billion.
Quote: “There is not the internet of Texas. There is not the internet of Maine. There is the internet. And a lot of these issues should be dealt with at the federal level. But that message only goes so far with state legislators when what they see is inaction.”—David Edmonson, vice president at TechNet, on states taking tech regulation into their own hands
Read: Our year in review, ICYMI over the holiday.
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Meta is reportedly halting work on a homegrown AR/VR operating-system project, but it still plans to develop a custom OS and stop relying on an Android–based system.
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IBM has reportedly placed its Watson Health division on the auction block again.
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HTC announced a new wrist-tracker device to go with its Vive Focus 3 headset.
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CES 2022 has less than half as many in-person attendees as in a typical year.
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General Motors made a slew of announcements at CES on Wednesday. A sampling: all-electric Silverado; Walmart EV partnership; a bold self-driving claim.
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Three of the following news stories are true, and one...we made up. Can you spot the odd one out?
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Samsung’s new remote uses radio waves to charge.
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L’Oréal announced a gadget that automates hair dyeing.
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An e-bike company unveiled a prototype of a flying e-bike at CES.
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Amazon is blasting Alexa into space.
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An accursed but reliable rule of our pandemic-mired times: Supply chain and rising prices will come for most industries, eventually.
Next up: The critical, fast-growing US solar industry. A recent report from the Solar Energy Industries Association and research firm Wood Mackenzie predicted US solar will grow 25% less than previously expected in 2022.
- But despite these intertwined pressures, the US installed a record-high amount of solar in Q3 2021, the report found.
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Across the first three quarters of 2021, solar accounted for 54% of all new US energy generation capacity, but it’s estimated to make up just ~4% of the US’s overall power mix.
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Catch up on the top Emerging Tech Brew stories from the past few editions:
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No flying e-bikes just yet, to our knowledge.
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✳︎ A Note From Verizon
Comparison is to median Verizon 4G LTE speeds
5G Ultra Wideband available in select areas.
HD availability may depend on the specific Verizon data plan in which a customer is enrolled.
Public Wi-Fi speeds from March 2021 based on Opensignal independent analysis of measurements recorded during the period December 19, 2020 – March 19, 2021 © Opensignal Limited
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Written by
Grace Donnelly and Dan McCarthy
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