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I bet a lot of investors were backing out because they don't see any money to be made in this space. With the economy turning south, none of the major automake
by mywittyname 7y ago
I bet a lot of investors were backing out because they don't see any money to be made in this space. With the economy turning south, none of the major automakers are going to be dumping billions in to acquiring self-driving startups for at least another decade, at best. Worst case, Starsky Robotics won't able to even keep up with what the major automakers or suppliers are doing. I used to work for a major supplier in the automotive space and these companies do have some world-class software engineering talent.
I'm a daily reader of Jalopnik, but we have to be honest: they are the tabloid news of auto journalism. A lot of their articles are poorly researched and they pander heavily to their readership (unfortunately, IMHO, the author of this piece is the site's worst offender in this respect). Most of their good writers left a long while ago, so the only informative articles I see on there anymore are about motorsports.
I would recommend skipping right past the sensationalized Jalopnik regurgitation and reading the actual blog post from Starsky [0].
[0] https://medium.com/starsky-robotics-blog/the-end-of-starsky-robotics-acb8a6a8a5f5 https://medium.com/starsky-robotics-blog/the-end-of-starsky-...