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It's hard to claim this is qualitatively worse than companies that burn money the normal way. Cruise had an "autonomous" fleet that required P human interventio
by d_burfoot 3y ago
It's hard to claim this is qualitatively worse than companies that burn money the normal way. Cruise had an "autonomous" fleet that required P human interventions per mile. At high levels of P, the cars aren't meaningfully autonomous and the company clearly isn't profitable. Management's goal is to drive down P - make the cars more autonomous - over time. At some point P is low enough, the company is profitable, and they win. If they can't get it low enough, fast enough, they lose. It's the same plan as many other companies who, when they began, lost money on every transaction, but could reasonably hope to become profitable as they became more efficient.