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Another Group of Google Veterans Starts a Self-Driving Technology Company

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Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#51

When companies pay each engineer X and earn 10 times X on each engineer, this is inevitable. Near as I can tell, this is a strategy that is helping engineers retain more of the value they are creating. If the difference was more subtle such as 2 to 3 times X, then the incentive to go through this much trouble to retain much of the value you create is much smaller.

In light of this observation, Google's current lawsuit could be viewed as an attempt to deter employee defection by signaling liabilities for potential acquirers, which will suppress the valuation of any acquisition. Google was already at the center of the high-tech employee wage-fixing earlier this decade, so filing lawsuits to create deterrence wouldn't be that surprising. https://en.wikipedia.org/wiki/High-Tech_Em…

Or the lawsuit could be viewed as an attempt to deter industrial espionage by a competitor within a hot field.

Between these, which do you think is more likely?

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#52
post #16

From their website https://www.deepmap.ai/ it seems they are focusing on high-definition, centimeter-accuracy maps. Why is that important? It seems with a rough map and training, a robot can find its destination.

Traditional maps help a driver get from A to B over a long distance with the user being responsible for the details in between. These types of 3D lidar style maps are meant so the car knows detailed information about roads to inform minute details about the precise section of road to take, etc.

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#53

This kind of articulates a larger attitude I feel about startups in general - too many people are going for too much. Right now, a bunch of companies are going for too much of the metaphorical self-driving pie. But, there's a lot of niches with less competition - yeah, the slice might be smaller, but I'd rather have a 90% chance at 10% of the pie than a 10% chance at 90% of the pie.

What niches do you consider unexploited or lacking in competition?

I'm not thinking of anything in specific - just in general, more people levitate towards the big things rather than the small things.

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#54
post #51

Earlier quoted context omitted.

In light of this observation, Google's current lawsuit could be viewed as an attempt to deter employee defection by signaling liabilities for potential acquirers, which will suppress the valuation of any acquisition. Google was already at the center of the high-tech employee wage-fixing earlier this decade, so filing lawsuits to create deterrence wouldn't be that surprising. https://en.wikipedia.org/wiki/High-Tech_Em…

Or the lawsuit could be viewed as an attempt to deter industrial espionage by a competitor within a hot field. Between these, which do you think is more likely?

[deleted]

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#55

Earlier quoted context omitted.

What exactly is the downside of that? Is it really that wrong that bright employees who make the actual product have a little more leverage?

I see parallels between this and lobbying in the US government where lobbied officials will leave for a private sector position as a lobbyist or executive at say a $BIG_TELCO or $BIG_OIL company. Why shouldn't government professionals use their knowledge and expertise to get more leverage going into the private sector? I think the biggest argument here is that sometimes the end goal becomes not the work that person i…

In a vacuum, this isn't a problem. In practice, what you have is people regulating and creating laws for their future employer, and/or legal bribery (knowing you'll get a cushy job for supporting a bill). At this point, you aren't leveraging your knowledge, you are abusing your power.

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#56
post #51

Earlier quoted context omitted.

In light of this observation, Google's current lawsuit could be viewed as an attempt to deter employee defection by signaling liabilities for potential acquirers, which will suppress the valuation of any acquisition. Google was already at the center of the high-tech employee wage-fixing earlier this decade, so filing lawsuits to create deterrence wouldn't be that surprising. https://en.wikipedia.org/wiki/High-Tech_Em…

Or the lawsuit could be viewed as an attempt to deter industrial espionage by a competitor within a hot field. Between these, which do you think is more likely?

The one they were convicted for before and are therefore known to do ?

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#57
post #29

Am I the only person genuinely shocked Google doesn't slap their self driving car engineers with non-competes? I realize that non-competes are illegal by CA law, but perhaps they should do the engineering in a different state to stop hemorrhaging talent that tries to compete with them?

I used to work with Mark (CTO). As you can see from his LinkedIn, he worked on various mapping products, but not self-driving cars.

https://www.linkedin.com/in/mark-wheeler-081882/

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#58

This kind of articulates a larger attitude I feel about startups in general - too many people are going for too much. Right now, a bunch of companies are going for too much of the metaphorical self-driving pie. But, there's a lot of niches with less competition - yeah, the slice might be smaller, but I'd rather have a 90% chance at 10% of the pie than a 10% chance at 90% of the pie.

Self driving cars will fundamentally change society. By the time we figure out self driving cars, we'll have enough tech for autonomous drones, trucks, planes, mail delivery bots, fork lifts, tractors.

I bet whoever capitalizes on this will end up becoming the world's most valuable company. This is a horse-> horseless transformation again.

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#59
post #51

Earlier quoted context omitted.

In light of this observation, Google's current lawsuit could be viewed as an attempt to deter employee defection by signaling liabilities for potential acquirers, which will suppress the valuation of any acquisition. Google was already at the center of the high-tech employee wage-fixing earlier this decade, so filing lawsuits to create deterrence wouldn't be that surprising. https://en.wikipedia.org/wiki/High-Tech_Em…

Or the lawsuit could be viewed as an attempt to deter industrial espionage by a competitor within a hot field. Between these, which do you think is more likely?

either way, google needs to tread carefully. more people are starting to recognize google as a monopoly, and if that continues they will either be broken up or turned into a utility.

Re: Another Group of Google Veterans Starts a Self-Driving Technology Company

#60

Earlier quoted context omitted.

To be honest, I don't have any idea why ANYONE keeps working after they have F-YOU money, CEOs or otherwise.

At some point, the work becomes the hobby. If you had fyou money, what would you do? Presumably not sit and stare at a wall all day. You'd do something you enjoy I assume. And for some, running one of the world's most powerful entities is enjoyable.

I could definitely keep myself entertained. Maybe that's why I don't have f-you money.
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