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It feels like we are getting brainstormed to induce us to remove investments in this sector so that others can get in at a much lower entry point.
Is it just in my head?
WHY is a fully autonomous vehicle even interesting to pursue, given that wheeled vehicles and their infrastructural requirements are such a large expense and social and environmental problem relative to the benefits provided? I mean, out of all the moonshots, why die on this particular hill? I consider an actual hyperloop to be a much more compelling vision for the future: those pneumatic tubes the banks use in subur…
> In fact, no one has come close to making an AV Correct me if im wrong, but Honda has done this? https://www.caranddriver.com/news/a35729591/honda-legend-lev... https://global.honda/newsroom/news/2021/4210304eng-legend.ht... Toyota: https://www.bloomberg.com/news/newsletters/2021-08-02/toyota... And Cruise: https://www.motorauthority.com/news/1132494_cruise-opens-up-... I don't really see how this all qualifies as "…
AV is basically level 4 or 5 in the SAE classification ( https://en.wikipedia.org/wiki/Self-driving_car ). And those vehicles are either not existing yet (i.e. just marketing ploys), or far from it (requiring remote drivers, for example), or just research prototypes that have not been really tried at scale.
Obviously we don't know to what extent they have remote drivers but you wouldn't be able to run such a service if every ride required them.
[1] https://www.youtube.com/channel/UCP1rvCYiruh4SDHyPqcxlJw
WHY is a fully autonomous vehicle even interesting to pursue, given that wheeled vehicles and their infrastructural requirements are such a large expense and social and environmental problem relative to the benefits provided? I mean, out of all the moonshots, why die on this particular hill? I consider an actual hyperloop to be a much more compelling vision for the future: those pneumatic tubes the banks use in subur…
People in the US will absolutely die on a hill for their car. Companies will invest endless amounts of money to convince you cars are the future, their infrastructure isn’t wasteful, and they’re good for the environment. People buy into this because it fits their existing lifestyle.
$100B is not that much when you compare it to the value self-driving cars will create. There are over 1 billion cars on the road which need humans to drive them. How much are they used? I don't know. Let's say one ride per day. When cars turn into a service business, the "driver" will be software. What will be paid to the driver? Let's say $1 per ride. That is 1B * $1 * 365 = $365B per year. Give that a p/e ratio of…
Have you noticed that lately there has been a symphony of media news to bash everything related to green energy, including EVs, self driving cars, batteries and so on? It feels like we are getting brainstormed to induce us to remove investments in this sector so that others can get in at a much lower entry point. Is it just in my head?
Earlier quoted context omitted.
Teslas, despite the ludicrous promises of "full self-driving in 6 months, just you wait", completely choke if there is so much as a traffic cone or a road-work barrier for it go around.
Tesla doesn't come anywhere close to having the sensor suite or compute to be taken seriously as a developer of level 4 autonomy.
We already have self driving cars. We call it public transport.
The idea is to have private transportation, some of us like the peace and quiet.