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Hope self-driving tech doesn't take long to mature! Even with the amount of money they've raised, they can't stick around for five years losing $3B per year.
by aetherson 10y ago
Hope self-driving tech doesn't take long to mature! Even with the amount of money they've raised, they can't stick around for five years losing $3B per year.
- Hydraulix989 10y agoSelf-driving cars will take at least 5 years (probably 10-20 years) to mature. Right now, Uber is testing their equivalent to Tesla Autopilot (with all of its flakiness and a much needed human backup as well).
- stale2002 10y agoUber is worth 75 Billion dollars and investors lining up for any chance they can get to invest. Its runway is NOT 3 years. It is 30 years.
- aetherson 10y agoIt doesn't have $75B, that's its market cap. Crunchbase claims it's raised $8.5B. We'll see if investors continue to be as enthusiastic about investing. My bet is "no," though obviously I could be wrong.