Autonomous vehicles are on the way

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Autonomous vehicles are on the way

 
POSTED ON Jun 10, 2022
 

For some time now, tech giants have been working on cars that drive themselves but where are we with this new technology? When will regular people start seeing these cars?


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“In one word, it’s complexity,” said James Peng, CEO and co-founder of Pony.ai, an autonomous vehicle company. “Every time there is a technical breakthrough, there are challenges. We have the AI, the fast computer chips, the sensors. It’s all solvable by fitting all the pieces together smoothly. 99.9% is not good enough to perfect the technology.”

Michael Dunne, CEO of autotech consultancy ZoZoGo, said that we wont be seeing autonomous vehicles in the mainstream until another ten years from now.

“While it’s not impossible to get there, even the most advanced technologies are not there yet and used mainly in confined areas where things are predictable. We are far, far away from universal acceptance,” Dunne said.

He said that the business model is bigger than the technology.

Cars with no steering wheel or gas pedal have been more of a luxury to some, Figuring out tech glitches and government regulations are another beast. High price tags hovering above $100,000 for an AV-equipped auto are a drawback to individual purchases for most buyers.

There have been accidents involving self-driving Teslas. Although there are some caveats with self-driving vehicles, we can look forward to autonomous vehicles in the next decade.


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