Self-Driving Startups Have Lost $40 Billion In Stock Market Valuation In 2 Years

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“It appears investors have mostly given up,” Crunchbase analyst Joanna Glasner says.

, warehouse robots, or farm equipment. The challenges inherent in delivering these bounded technologies, while significant, are much less daunting than the open world of possibilities on our roads.

And the bar is set very high for regulators to unleash self-driving cars or autonomous trucks. Essentially, autonomous systems in public need to be better than humans. “Simply achieving a system that has safety levels on par with a human is actually fairly tractable, in part because human failure modes are somewhat preventable, you know, things like inattention or aggressive driving,” Vlad Voroninski, CEO of autonomous vehicle training company Helm.aiin a TechFirst podcast. “But in truth even achieving that level of safety is not sufficient to launch a scalable fleet. Really what you need is something that’s much safer than a human.

But it also might be a good time for vehicle manufacturers to look at distressed startups that might be available as aqui-hires, providing technology and personnel to speed up their own autonomous vehicle efforts.

 

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