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In my opinion, the valuation of Tesla was reasonable based on the fact that they were making strides in driving AI But at the time, humans did not yet know tha
by thrashh 4y ago
In my opinion, the valuation of Tesla was reasonable based on the fact that they were making strides in driving AI
But at the time, humans did not yet know that FSD seems to be un-achievable with a non-general AI. At least with current techniques.
People invested Tesla thinking something was possible and it turns out it isn’t. It happens
- sidibe 4y agoEveryone in the industry has always known Tesla wasn't close. And current AI seems to be good enough for what Waymo and Cruise are aiming for. Despite years of dominating the headlines, the problem is Tesla was investing way less in research than the leaders and then tying both hands behind their backs with no Lidar and HD maps. I also think not trying to really master even a geofenced area is making them kick the can down the road on the thorny problems
- kenhwang 4y agoIt was immediately obvious when Tesla was far behind traditional approaches for auto headlights, wipers, and self-parking and refused to deviate from their AI-only approach.
- justapassenger 4y agoPeople invested in Tesla because Musk openly lied countless times about state of their technology. Everyone who had any serous experience with AI knew he was lying. This is how I became Elon sceptic, as I know thing or two about AI, and when he announced FSD I knew it was fraud.