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by xnx 332 days ago
> With the construction equipment market at $160B

Wouldn't the value of their target market be the pay of operators (~$30/hour)?

1 comments

At first, yes. Longer term, self-driving construction vehicles will likely change the entire market - perhaps similar to how self-driving passenger cars would change that market. Vehicles will be designed differently and consumption-based business models would potentially make up a larger part of the market. Investors are probably see that opportunity.