[WDCDev]

Ha! I kinda stopped paying attention to most consumer-oriented startups a few years back when some kooky poetry delivery service got a few million in funding. (I am trying to find a link to it). Then there was that "pizza robot" company ...

I get that VCs will fund stupid things like that to grow entrepreneurs and build a portfolio of companies that maybe grow enough to get acquired and produce some profit. But funds/corps dumping $250 million+ annually into self-driving seems crazy. The opportunity costs of that alone are outrageous especially when there are ample and ripe opportunities to disrupt "traditional" businesses and business models across all kinds of market verticals.

> I do think it's different from 5 years ago. Yes, some researchers were throwing cold water on the idea then but they were seen as contrarians. And, on boards like this one, you'd have no shortage of people going but Waymo is going to have a taxi service next year! Today, it's closer to being accepted wisdom.

Yes, and this has always been perplexing. I work at an AI startup which actually uses it to accomplish rather straightforward tasks - and it's really hard to perfect with the minimal tolerances for error that we have to adhere to. When you start to scale the problem up to self driving it becomes evident quickly that it will take a looong time to get the level 5; yet people in this business were still insisting it was around the corner.

[ghaff]

I'm by no means an expert but a number of years ago I saw a presentation by MIT's John Leonard (he was involved in one of the early DARPA contests). One of the interesting things he showed was dash cam footage he had taken over the course of about a week commuting from Brookline where he lived to MIT. And he pointed out all the things that would be really difficult to do.

As a non-expert but a very longtime driver this made an awful lot of sense to me. But so much money and brains were saying success was right around the corner that I was half-convinced that I and other skeptics were missing something.

I think, in addition to the scammers and dumb money, it's just that a lot of people who should have known better just looked at the pace of advance over the previous 5+ years and figured "How could we not iron out the remaining kinks in a few more?" Add to that the number of people who don't like cars much and just so desperately wanted this future where they never needed to own a car or drive again.