This is bizarre, I’m in non-car autonomy but I talk daily with car autonomy folks. Everyone has been expecting a consolidation of companies through acquisitions but drive.ai showed us that it’s probably not going to happen. At The Information mobility event last month one of the SoftBank fellas said that autonomous cars will be ‘won’ by those who can outspend everyone else. Looks like backing up billions with more bi…
Listen to them more. What else do you expect fund managers to say?
We will not see any real self driving in our generation, and may be not even after. That is much more for practical consideration than that of technical possibility.
Second to that, just how many self driving and AI startups are plain fraud? The amount of companies getting 9 digit valuations with nothing more than OpenCV hello worlds should make people to at least scratch their heads