Uber sells self-driving unit in deal that will push Aurora’s valuation to $10B

Post by deeeeplearning » Mon, Dec 07, 2020, 11:49 PM UTC

jeltz wrote: post #135

yumraj wrote: post #42

Earlier quoted context omitted.

It may not be the strategy, but it is definitely the only reasonable path to profitability where the drivers will make at least a reasonable income and the cost of a ride is competitive with a cab. Either ways, next year is pretty close. Perhaps I'd be proven wrong.

Only because they have burned so much VC. Both Uber and Bolt charge like normal taxi companies in Stockholm and can therefore afford to pay their drivers at the same time as making a profit. And as far as I know Bolt is basically already profitable, they just copied Uber's business but reduced the administration costs and did not blow a ton of cash on self driving cars. Having their HQ in Tallinn rather than SF also…

Post by michaelt » Mon, Dec 07, 2020, 11:52 PM UTC

israrkhan wrote: post #142

thesimon wrote: post #6

Wasn't Uber's whole money losing strategy based on the vision that one day they'll use their self-driving cars to get the driving done for cheaper?

No matter who makes the driverless cars, they will still need a network to run those cars on. I think Uber/Lyft area better off allowing thirdparty self-driving cars on their network. Waymo on other hand is trying to build its own network, but that is going to be extremely expensive proposition.

Post by holoduke » Mon, Dec 07, 2020, 11:55 PM UTC

mikesabbagh wrote: post #160

This self-driving system promise keeps getting delayed! It looks to me this is a case of a donkey led by a carrot on a stick (investors are the donkey here). What I never understand is what happens when a new situation that the system did not previously train for happen? what if this situation is deadly? Will all the Uber cars decide to jump off a cliff because of a wrong signalization or bad weather? What will the T…

Post by legolas2412 » Mon, Dec 07, 2020, 11:57 PM UTC

dougmany wrote: post #162

dev_throw wrote: post #65

Earlier quoted context omitted.

[ https://medium.com/unikie/self-driving-cars-2020-and-beyond-... ] helped me understand the major players in self driving vehicles and what they're upto. Tesla does not use Lidar as a cost savings measure, and only uses camera output to determine how the car drives. It is unknown if this is enough to account for enough permutations of traffic, but they're calling it full self driving while using car owners as paying…

>Tesla does not use Lidar as a cost savings measure I think it is less about cost saving and more about getting to the root of the problem. According to Elon's statements, Lidar is a crutch and since the AI will eventually have to be good enough to remove the crutch, remove it an the get go and save learning how to use the crutch. This is similar to his reasoning about EVs. Since we will eventually have to have petro…

Post by finolex1 » Tue, Dec 08, 2020, 12:00 AM UTC

aabhay wrote: post #72

dboreham wrote: post #43

Signals the end of the self driving delusion, at least for 10-20 years.

I wish! The self driving delusion is more than alive and kicking. It’s just that the hype is moving from the vertically integrated options (Waymo) to the disaggregated ‘stack’ players (Luminar, Scale, Aurora)