$100 billion later, autonomous vehicles are still a car-wreck

A chart illustrating the Gartner hype-cycle; racing down the slope from the ‘peak of inflated expectations’ to the ‘trough of disillusionment’ is the staring eye of HAL 9000 from 2001: A Space Odyssey, chased by speed-lines. Image: Cryteria (modified) https://commons.wikimedia.org/wiki/File:HAL9000.svg CC BY 3.0: https://creativecommons.org/licenses/by/3.0/deed.en Gartner (modified): https://www.gartner.com/en/research/methodologies/gartner-hype-cycle

Autonomous vehicles were always a shell-game. The last time I wrote about them was a year ago, when Uber declared massive losses. Uber’s profitability story was always, “Sure, we’re losing money now, but once we create self-driving cars, we can fire…

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