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Tag: Autonomous vehicles

Why Robotaxis in 2020 Are Impossible and More Truths About Autonomous Vehicles

This last week, we saw Tesla take advantage of the lack of information available on autonomous vehicle technology. Unfortunately, the facts around autonomous vehicles are elusive as PR copywriters fuel journalists, who are churning out content to meet deadlines. For starters, to get machines to respond like humans, within milliseconds, is one of the most difficult problems that technologists have aimed to solve. The truth about autonomous vehicles includes regulations, production cycles, and delays in implementation. I predicted when I wrote my analysis six months ago, that the gap between investor expectations (perception) and commercial deployments (reality) had created an…

Lyft: Risky Valuation and No Intellectual Property

Silicon Valley produces a lot of winners; however, I believe investors should be careful with both of these IPOs due to bubble-like valuations, accelerating net losses, and a lack of geographic expansion opportunities. Yet, another concern is the liquidity event the large cap IPO provides, and the level of PR that can be bought leading up to the IPO, which will likely focus on the growing sales…

PODCAST: How Do We Protect Autonomous Vehicles from Hackers When We Don’t Have a Human Driver? Steer Answers.

In episode 1 of Tech Lightning Rounds, Beth Kindig goes directly to the source of AV expertise and hosts discussions with technologists who specialize in the field. Interviews are held in “lightning round” format, which are rapid interviews with tech experts for immediate depth on each topic. Please subscribe to the podcast and leave a review to support Beth’s production of Tech Lightning Rounds. Please Subscribe and Leave a Review for the Podcast Here In episode 1 of Tech Lightning Rounds, we interview Anuja Sonalker, CEO of Steer, who has a PhD in network security and has held executive-level security positions before founding…

Autonomous Vehicles: Fact vs. Fiction at CES 2019

Nvidia and Intel had a different tone at CES this year in regards to autonomous vehicles. Nvidia’s launch of DRIVE AutoPilot is a smart strategy to boost sales in the short term while the AV future of Level 3 or Level 4 sorts itself out. The Mercedes CLA class is another great example of a strong Level 2 automation strategy. Intel is clearly betting on China, especially Baidu, although China is not …

GM Stock Risky Due to Autonomous Vehicle Bubble

This week, General Motors Company cut more than 14,000 salaried staff and factory workers with plans to close seven factories worldwide in what Bloomberg calls a “sweeping realignment to prepare for a future of electric and self-driving vehicles.” Unfortunately for GM, and their employees, the future of autonomous vehicles is much farther off than what the company represents. Investors in GM stock should be cautious, and realistic, as to when new revenue streams will occur, as cutting costs, even to the tune of a net savings of $4.5 billion, might not be enough to wait out the innovation cycle. In…

The Level 2 Autonomous Vehicle Bubble – Tesla, GM, Audi, BMW, Waymo, Nvidia, and Intel

Last month, Autonomous Vehicles fell into the “trough of disillusionment,” which is the downward slope that analyst firm Gartner publishes to show the hype cycle for certain technologies. You can think of this as “winter is coming” for tech products – a time when all of the buzz and excitement finally meets reality (note: artificial intelligence winter is a well-documented thing). The reality for autonomous vehicles includes regulations, production cycles, and delays in implementation for what is an extraordinarily difficult problem to solve – how to get machines to respond like humans at crucial moments. This gap between investor expectations…

How Driverless Cars will put Mobile Security to the Test?

As GM CEO Mary Barra said in a keynote speech, “A cyber incident is a problem for every automaker in the world. It is a matter of public safety.” As Tesla, GM and many others continue to release connected vehicles – and soon driverless vehicles, the dangers are set to increase. In fact, more than half of the vehicles sold today are connected and vulnerable. By 2025, the driverless market will be worth $42 billion up from nearly nothing with an official market entry still being anticipated [1]. Self-driving cars have the potential to save 292,000 lives annually from preventing collisions.…

Cybersecurity in Connected Vehicles Becomes Safety Feature for New Cars

New car firms such as Tesla are promoting increasingly high-tech features that require a connection to the internet, which has propelled cybersecurity in connected vehicles forward as a major safety feature. Last year, Chinese security researchers from Keen Security Lab successfully managed to hack a Tesla Model S from 12 miles away. By focusing on Tesla’s on-board software, the hack targeted the car’s controller area network, or CAN bus, which connects the chips found inside the cars. In this hack, the Model S P85 and Model 75D were targeted. Tesla continued to make news in 2015 for safety concerns in…

The Uncomfortable Truth About the 40-Ton Autonomous Truck

The Uber acquisition of Otto and its self-driving software last year led to the recent and successful 120-mile journey of a autonomous truck from Fort Collins, CO to Colorado Springs, CO carrying nothing other than 2,000 cases of beer. Self-driving vehicles and the larger Internet of Things (IoT) economy are coming to fruition quicker than we had ever thought. Toward the end of last year, Google’s Self-Driving Car Project had racked up 2,102,047 miles in autonomous driving mode – meaning no humans behind the wheel. That is a lot of miles and that’s just Google. Countless other companies are now…