Self driving companies are going down. What's next big thing now??
Leading self driving companies are going down. They can't get driver out of car. They stopped commenting on their launch timeline. Funding is going to dry up soon. They don't have good business model yet let alone the tech is not ready. What's next?? Looking to move out of Twitch.
Which Self-Driving Car company are we talking about here? 'cause if by leading Self-Driving Car companies you mean Waymo, Zoox, Cruise, ArgoAI and Aurora, I don't see them slowing down anytime soon.
It is just that it will take a longer time duration than earlier expected for these companies to sustain and prove that Self driving cars is the next logical step forward.
The crash is next
The crash is far. The peak hasn’t even been achieved. I am not saying it won’t crash but it is far. For it to crash, self-driving companies have to start the service. Waymo has already shown that the problem can be tackled. So once the services start, we would see if the operating costs outweigh the revenue.
The ride services are ancillary to the research atm, imo. Most of these guys are in it for the long play and it becomes a longevity game for survival
Self driving companies have realized they can't compete with the OEMs (I don't consider Tesla an OEM, Tesla will be done soon). OEMs have formed a bunch of consortiums to collaborate and to share the risk. My advice is forget about non OEMs that haven't been tier 1s for quite a while. Those tech startups appear to OEMs as some toy makers that want to do military grade armor.
Bitcoin. Wait is it 2017?