stoppages .. hmm
A group of autonomous machines simultaneously glitch out? What are the odds? They don't sound very autonomous. Sounds more like a group of remotely operated machines lost connection.
Robotaxi operator Cruise's bad week just keeps getting worse: now the GM-backed business has paused driverless operations across its entire fleet. Cruise's latest safety maneuver comes just days after California's Department of Motor Vehicles (DMV) suspended the company's self-driving vehicle license, and a little more than a …
I’m sure driverless testing in China won’t be hampered by inconvenient glitches like these. Perhaps they need somewhere quieter to perfect before more populated areas. Derelict parts of Detroit or New Orleans come to mind.
https://amp.theguardian.com/technology/2023/oct/29/uk-drivers-make-claims-of-incredibly-scary-malfunctions-with-electric-cars
I keep thinking to myself that machines that can move in unexpected ways around humans, such as factory or warehouse robots, usually have flashing lights/audible warnings while they're moving and possibly barriers to prevent humans wandering too close... or be in a cage with safety interlocks. In my local Wickes, if the human-driven forklift is out they close off half the shop and make continual announcements - it has beepers and flashing lights all over it too. The roads do not provide anywhere near these levels of protection, none at all, in fact.
But GM has lost $8.2 billion already on Cruise.
Add in the $1 billion acquisition costs and $2.1 billion to buy out SoftBank. For a a total loss of $11.3 billion for GM. So far. Because those cars and "technology" aint worth squat as i.p
Which was around the original buy out cost of Autonomy for HP. $11 billion.
So I think we have a winner in the Biggest Fool competition for Dot Com 2.0. Its GM going for the gold. So to speak. WeWork does not count as it only bilked the N'th round rubes. Sorry. Sophisticated investors.