Hey guys, I don’t work in AV company, but just wanted to prick your brain about where the AV industry is going in general to get a brief idea on what is gonna happen. I see weird patterns where startups do have money but does not wanna spend even when it is needed to. Not sure how they gonna achieve these driverless milestones that are planned ahead. Any thoughts ? It is safe to join an AV company right now ? tc:220k+120k stocks options #auto #cruise #cruiseautomation #waymo #aurora #motional #zoox #embarktrucks #LattitudeAI
Cruise here. It's safe for 1-2 years, but the bigger boys need to put up or shut up soon. Cash will run dry. Aurora has maybe 1.5 yrs Cruise has 2 years Waymo is cutting costs, idk Embark is dead Motional idk Zoox idk hard to say with amazon
I’m curious to know why you think Cruise has 2 years. We have been taking actions everywhere to cut cost except layoff. I really hope what you said is true, but even GM is cutting workforce now. Maybe you are at director+ or L7+ level with some additional knowledge than most Cruisers?
i thought things looked good at cruise?
It is not "safe", no. It's an inherently risky sector in an economic downturn. Failure is a real possibility for any given player. But the potential upside is huge. And it's a really fun problem to work on in the meantime.
AV is a pipedream. We don't even understand how the human brain processes all the visual and aural information it does and makes split-second decisions when a human is operating a vehicle. How in the hell are humans supposed to create a vehicle that mimics those actions when we don't even understand how it works biologically. People who believe this shit are ignorant tech fanboys.
Confidently incorrect.
At qualcomm, maybe you don’t know the technology well enough haha just kidding. It is possible, but I would say huge capital investment is needed with government backing up
I would say this….. if you are not in AV do not enter now if you absolutely dont need to…. However I would say this!!! This is the grandest challenge for AI/ML….. this is not some stupid chatbot which spits random corny stuff. Your life depends on the performance of ML and AI system. Development takes time and patience as you need to dot each and every i and cross all the t s.
It is partly true, because there are many "edge-cases" that cannot be handled by AI/ML. Why? because by nature, AI/ML algorithms are just "statistical patterns" over the sample set (e.g., you can not have training sample set of all possible use-cases)
The bad thing is that the cost of making mistake is huge, which is very difficult for common people to perceive. People have only seen good examples of AI gimmicks like ChatGPT. We fail to showcase when it goes wrong. The failures of the chatbot will only earn some giggles in a late night talk show. However if our ML/AI fails it would be catastrophic.
Are you making profits ? A simple question
None.
What level are you at Toyota? Are you in Michigan?
AV is not gonna happen. Enjoy the salary while it lasts
Thanks for letting us know!!!
AV is fake news.
Good joke😂
It depends on the company but almost all of the AV folks are burning cash due to high capital investment required to develop the tech. There are a few companies that are close to solving the tech but breaking unit economics is a whole different game. Nobody has attempted this before so it is quite clear that even after building the tech, a few winners will emerge during this decade and could become a monopoly before facing tough competition
You had me up until "a few winners... monopoly." If there's more than one winner, it's not a monopoly, and it could be a race to the bottom.
Maybe @21sagiteri meant majority market share? I think I get the sentiment.