> Interest in autonomous driving appears to be cooling across the board.
My pet theory is that it really took off because a bunch of investors were hoping to capture and capitalize on the baby boomers aging out of being able to easily drive themselves. They tried to speed up technological advancements in order to meet that window of a large more-affluent cohort of potential customers.
So it might be interesting to somehow plot total "self driving" investment against that kind of customer base projection over time.
Interesting theory but I think the investment issues are simpler, and non-revenue producing business models simply don't make sense outside of the window of the low interest rate years.
> were hoping to capture and capitalize on the baby boomers aging out of being able to easily drive themselves. They tried to speed up technological advancements in order to meet that window of a large more-affluent cohort of potential customers.
That's still a huge market. And the baby boomers are the most affluent demographic in the western world.
My pet theory is that it really took off because a bunch of investors were hoping to capture and capitalize on the baby boomers aging out of being able to easily drive themselves. They tried to speed up technological advancements in order to meet that window of a large more-affluent cohort of potential customers.
So it might be interesting to somehow plot total "self driving" investment against that kind of customer base projection over time.