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by seanmcdirmid 3358 days ago
http://www.toyota-global.com/innovation/partner_robot/histor...

Industrial robots, and humanoid robots for entertainment purposes. Whereas Google has many of the founders of ML, not to mention its experts. Is Toyota, who already seriously undervalue software, willing to pay top dollar for those people when their average SDE makes < $60K/year (not just a problem with Toyota, but Japan in general)?

You also seriously misunderstanding the amount of engineering discipline needed to build modern software systems.

1 comments

Misunderstanding? Given that my day job is to literally build tools and infrastructure for "modern software systems" I don't think I'm misunderstanding things at all.

But whatever I can say on "modern software" has already been said much better by Alan Kay so I'm going to defer to him for the rest of this conversation.

I'll buy Toyota stock. You buy Google stock. We'll compare notes in a decade and see who managed to make self-driving cars commercially viable.

I guess you'll find Toyota stock to be incredibly undervalued with a P/E of just 9.5 vs. GOOG's 30.26. The market isn't treating Toyota like a tech company. The market has already spoken, they've placed their bet on Google, which means that boat has already sailed. If you believe TM will make a tremendous comeback, then you could make bank, but that is a risky bet vs. a safe one (given today's information).
I'll just twiddle my thumb and look bullish on Tesla