Monday, July 20, 2020

Somebody Should Have Paid Me A Nice Consulting Fee

Would have saved you BILLIONS.

Back then, it made sense that autonomous driving was just a research project. Eleven years on, however, the industry still has little idea what to do with the technology, despite some big advances over the past decade. As the much-hyped, seven-year quest to develop a driverless Uber service has suffered several setbacks, the appetite is now switching beyond robotaxis in search of more profitable avenues.

The sector is experiencing “autonomous disillusionment”, says Prescott Watson, principal at Maniv Mobility, an early-stage venture capital firm. Now, “the pitch is, ‘robotaxis are a pipe dream’, but let’s take this technology to do something more lucrative,” he adds.
Or I guess you could have just read this dumb blog for free.