5 ms·
Cruise's valuation of $30 billion will get you 12 miles of subway in NYC [1], hardly the public transit revolution necessary to make autonomous driving redundan
by rangestransform 3y ago
Cruise's valuation of $30 billion will get you 12 miles of subway in NYC [1], hardly the public transit revolution necessary to make autonomous driving redundant.
I don't hate public transit or anything, I cycle and subway in NYC all the time, but the level of investment the US needs in public transit is an order of magnitude above the amount that investors have spent on autonomous driving.
[1] https://www.bloomberg.com/news/articles/2023-02-23/in-nyc-subway-a-case-study-in-runaway-transit-construction-costs https://www.bloomberg.com/news/articles/2023-02-23/in-nyc-su...
- kart23 3y agohow many people does that 12 miles of subway move vs self driving cars? I would think surely an order of magnitude as well.