$Uber Tech(UBER.US) CEO Dara Khrosrowshahi’s comments on the UBER earnings call this morning about autonomous ride hailing:
“I think a lot of you probably saw the announcement of Waymo partnering up with Toyota. That's just indicative, we think, of where AV is going, which is you've got pure-play software developers increasingly offering more sophisticated AV platforms to the OEMs around the world and a world in which 10 years from now, every single new car sold comes with level 4, level 5 AV, we think, is a terrific outcome in terms of safety for the streets and also our platform, which will allow any player, any owner of those vehicles, whether it's financial institutions, et cetera, to monetize those vehicles at the highest utilization so that they've got the lowest cost of capital. So the direction that we're seeing is absolutely, it's very encouraging. There are some players out there that are pure, call it, next-generation large models, end-to-end models as well. These are the Wayves or the Waabis of the world in trucking or Momenta as well. And that is a more pure AI kind of direction, which has been incredibly promising in terms of the pace of development and again generalizability of the software, both in terms of where it's driving and the hardware kits as well.”The copyright of this article belongs to the original author/organization.
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