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Intel plans to take self-driving car unit public in the U.S. in mid-2022

cnbc.com

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Re: Intel plans to take self-driving car unit public in the U.S. in mid-2022

#3
post #2

I know I’m probably in the minority here but, as a software developer, I don’t think I’ll ever trust a car to drive itself. Even with millions of miles accident-free, I don’t think I’d be able to relax and just trust the vehicle.

Can't speak for you individually, but once one starts having to rely on it day after day while they notice all of the more important things they have to do (phone calls, emails, late projects, hair, makeup, food, etc) instead of nervously following the road, this will pass.

Re: Intel plans to take self-driving car unit public in the U.S. in mid-2022

#5
post #2

I know I’m probably in the minority here but, as a software developer, I don’t think I’ll ever trust a car to drive itself. Even with millions of miles accident-free, I don’t think I’d be able to relax and just trust the vehicle.

OTOH I'm extremely willing to believe that surpassing the average driver is possible.

Re: Intel plans to take self-driving car unit public in the U.S. in mid-2022

#7

If Intel had a really solid solution wouldn't they keep 100% and either license or implement it internally? Going public kind of seems to me that they still need to spread the risk of implementing this technology.

Perhaps it allows speculation to push up the value of this unit more than would be possible if it was a proper subsidiary. For example, would Rivian be worth as much without the hype on the stock market, for example if Amazon owned it out-righ? I doubt it.

Plus, selling part of the company allows raising some cash for their elevated capital expenditures, which were critizised by their shareholders.