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there is 15+ self driving startups at the moment, GM has prolly seen all of them and went with Cruise
by flylib 10y ago
there is 15+ self driving startups at the moment, GM has prolly seen all of them and went with Cruise
- jayjay71 10y agoThat isn't sound logic. GM has a track record of making terrible managerial decisions, so assuming they know best is ignoring history. The people making the decisions haven't worked on self-driving cars and are not the best people to judge the technology, in fact these are the very people who twice (technically thrice, but that's another story) abandoned their own self-driving R&D which ultimately went to Google and Delphi (and another which was just completely thrown away). You're also assuming that all of the other companies wanted to sell, which isn't true.
- flylib 10y agoOtto sold for 680 million to Uber in August 2016, the company started in 2015, that's atleast one company that was willing to sell and I figure most of them would, they all have no end game other then being acquired for the most part http://www.recode.net/2016/8/18/12540068/uber-paid-680-million-for-self-driving-truck-company-otto-for-the-tech-not-the-trucks http://www.recode.net/2016/8/18/12540068/uber-paid-680-milli... time will tell if the Cruise acquisition pays off or not
- jayjay71 10y agoOtto was designed to be sold to Uber before it was created, there's a reason it was self-funded despite having nearly 100 employees by the time it was acquired. Anthony Levandowski met Travis Kalanick years ago and had been planning something like this for a while. It's basically an open secret.
- flylib 10y agowe will see a few more acquisitions play out in this space over the next year or so but I do believe Google will have a hard time acquiring the companies in the space as tons of people are jumping ship and some are even starting their own self driving startups with prolly no intention of going back to google like Otto