David Cheriton on why self-driving cars, AI, IoT on the downturn - Business Insider

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Why billionaire engineer and investor David Cheriton thinks self-driving cars, AI, and IoT are on the downturn in 2021 (by RobinMadell)

One area that Cheriton doesn't think is on its way out is automation; in fact, he believes that the potential of computing and automation is still being underestimated.

He added that this is where he departs from those who push AI's ability to duplicate what human beings can do as a big, interesting challenge. "I like the Darwin view that most mutations are harmful and most innovations are not very useful or compelling," Cheriton said."I look at that to see if something is 'down and leaving.'" He pointed to three currently overhyped technologies to be wary of:A lot of money is going toward self-driving cars.

He admitted that he's unsure exactly how close companies are to identifying the right approach with autonomous vehicles, but thinks they're getting closer. With that in mind, the investor"can't just ask if they are betting a winning horse," he said — they need to understand how long they have to feed the horse until it gets across the finish line. might be 10 years away from really being able to say we have autonomous driving," he added.

 

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RobinMadell Self-drive cars,...a puzzlement!?!

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