Mind Matters Natural and Artificial Intelligence News and Analysis

CategorySelf-Driving Cars

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Driver,transport, business trip, destination and people concept

Uber Achieves Profitability After Giving Up Self-Driving 

The alternative taxi service has finally parted ways with its self-driving unit

Uber, the ride-hailing company, has been notorious for losing money. Since 2014, they have built up over thirty billion in operating losses. Just four years ago, analysts were saying that self-driving cars were the key to Uber’s future profitability.  However, in December 2020, Uber finally gave up the dream and sold its self-driving unit to the startup self-driving company Aurora.    This eliminated one of Uber’s biggest cash-burns. The Advanced Technology Group, the name of Uber’s self-driving unit, was draining $500 million from the company each year. Overall, the company probably spent well over $2 billion on self-driving, which some of Uber’s early investors (such as Bill Gurley) think was ultimately wasted spending.  This last quarter Uber has finally been able to turn a profit, Read More ›

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.Smart cars with automatic sensor driving on metropolis with wireless connection

Is Automated & Shared Vehicle Tech a Benefit to Humanity?

Mistele thinks these kinds of vehicles will be cost-effective and safer all around.

In today’s featured video, Dr. Jay Richards interviews Bryan Mistele, Co-founder, President and CEO of INRIX, about the future of autonomous, connected, electric, shared (ACES) vehicle transportation systems at the 2019 COSM conference. Mistele sees the implementation of ACES vehicles as being a huge benefit to humanity as they will be much more convenient and cost-effective, safer, and will lead to more effective land use by being able to do away with parking garages, street parking, etc. Bryan Mistele is the co-founder, President & Chief Executive Officer of INRIX, a leading provider of connected car services and transportation analytics. INRIX is at the forefront of connecting cars to smarter cities in more than 88 countries worldwide. Bryan started INRIX in Read More ›

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Human hand is holding Electric Car Charging connect to Electric car

Cars of the Future Will Offer “Electrifying” Rides — Guaranteed

Electric car expert Tony Posawatz will be speaking about new industry developments at COSM 2022

After forty years in the car business, professional engineer Tony Posawatz, is optimistic about the future of electric vehicles (EVs). At Forbes, he was mooted to replace Elon Musk at Tesla in 2018. Well, one thing Posawatz would not do is jump into an expensive catfight with… Twitter. He is wholly focused on ACES, as it is called: Autonomous, Connected, Electric & Shared vehicles, as the future of private transportation. Go here to get the Early Adopter rate before September 15. Current CEO of Invictus iCAR, a consulting firm that specializes in making cars leaner, meaner, and greener, Posawatz describes himself as “known for championing award-winning products and electrifying rides.” His interests and achievements span many automotive areas: “His product/general Read More ›

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Handsome bearded African man touches the touchscreen in his new high-tech electric vehicle while while talking by phone and smiling. Self driving vehicle concept

New York Times Documentary Takes on Musk’s “Self-Driving” Claims

In an era where Big Media tend to just play along with Big Tech hype and vaporware, a Season 2 film homes in for a closer look

The New York Times has a new TV show through FX Networks, called The New York Times Presents, a series of standalone documentaries presented by journalists from the paper. Mind Matters News readers will likely take a special interest in the first documentary of Season 2 because it deals with the technology of self-driving cars at Tesla and we have been talking about these issues for years. The film, titled Elon Musk’s Crash Course, follows the development of Tesla Motors and its claims about full self-driving vehicles. On the whole, while the I can commend the documentary as one of the first large-scale media efforts to take the issues with Tesla self-driving cars seriously, overall it emphasizes the wrong issues. Read More ›