Updated: 42 Primers On Driverless Car Innovation And Disruption
Driverless cars will put trillions in automotive and downstream industry revenue up for grabs

Updated: 42 Primers On Driverless Car Innovation And Disruption

Baloney” and “nonsense” captured the zeitgeist of many reactions to my early articles on the potential of Google's self-driving car program. But, that was in 2013, when many viewed driverless cars as nothing more than a high-tech dalliance by Google founders Larry Page and Sergey Brin.

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How times have changed! Since then, Google’s self-driving car program has spun out into Waymo, an independent business unit valued at more than $100 billion (down from an earlier estimate of $175 billion). Waymo’s cars have driven more than 10 million miles autonomously on public roads and 10 billion miles in simulation mode using real world data.

While many technical, business, and market hurdles remain, Waymo’s efforts have sparked a global arms race to develop autonomous driving technology. As one auto industry executive told me:

None of us would be paying this kind of attention to autonomous driving if Google had not made the progress that it did, and scared us into believing that it might make even more.

...

A host of industry leaders, adjacency aspirants and new entrants in both the automotive and high technology ecosystems are now investing billions in a high-stakes race to enable (and dominate) a driverless car future.

General Motors, for example, has invested billions, taken on billions more in partner investments, and reshaped itself to refocus on AV (autonomous vehicles) and EV (electric vehicles) productionFordToyotaDaimler, Tesla and also every other major carmaker and tier 1 supplier are forging ahead with their own driverless strategies—driven large part by startups founded by veterans of the Google effort such as Aurora Innovation, Argo AI and the very controversial (and now defunct) Otto llc.

Much has been learned over the last few years of intense development. Even as the sector continues on a roller-coaster-like ride of waxing and waning enthusiasm, the opportunity and challenge is the industrialization and commercialization of those learnings.

As I’ve written from the onset of this exploration, such commercialization threatens to throw trillions of dollars of economic value up for grabs in several industries, including automotive, energy, freight, insurance and real estate. Even more important for society, there could be huge potential effects on health, transportation, pollution, congestion and resource usage. More than one million deaths and 50 million injuries each year are due to vehicular accidents. In addition, energy and transportation contribute significantly to poor air quality and climate disruption. Autonomous vehicles could help improve—or exacerbate—these issues, depending on how the industrialization of the technology unfolds. 

To allow for a single pointer that helps to facilitate an ongoing discussion on these issues, I will keep this post updated with a complete reverse chronological listing of all my articles related to the business and societal innovation and disruption enabled by driverless cars. Happy reading. I'd welcome your comments.

Most recent:

Complete Index:

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?I write, speak and advise on the digital future—with a focus on innovations that can radically improve society. I'm the author of four books on technology and innovation. This article is updated from one originally published at Forbes. To be notified about future articles, follow me on Twitter or LinkedIn. Check out my website.

Espen Remman

Entrepreneur within IT industry with focus on AI, data science, NLP, logistics and sustainability. From visions to profitable solutions.

4 年

A well written list of non technical inhibitors. The future look bright in the long run, but there are many hurdles along the way. The technical challenges are huge. We are far from being able to handle non controlled general environments. Evaluate, for example, these two environments: ? an american parking lot on a sunny day in Florida ? a narrow dirt road in a mid-winter storm in Alaska.

Frank Vevle

Experienced in digital transformation and always a technology optimist

4 年

Chunka Mui thank you for an extensive overview of your articles. Autonomous cars with miles of learning might be enough before we have actual autonomy. But it is not the miles that will change our feeling, but. But time.

Nicholas Orr

IT Disaster Recovery Specialist - PMP CBCP

4 年

“Baloney” and “nonsense” where used in my early years for many things. Pumping your own gas, using seat belts, ATMs, restricting smoking in public buildings and the work place. “Baloney” and “nonsense” has made the world a better place.

Carlos Holguin

Building SuburVAN to free suburban commuters and communities from car dependence

4 年

Chunka, having already piloted autonomous vehicles in cities for more than 10 years in 2013, what strikes me is that, with the amounts invested, none of the now “deep pocketed” “startups” in this field has the slightest clue of where autonomous vehicles really fit in the urban mobility landscape (hint: it’s not robotaxis competing with public transport in cities or “low speed shuttles” making a few hundred meters in pedestrian areas or parcs).

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