We Don't Need No Level 5
Despite the much heated discussions recently on fully autonomous driving, there still seems to be the belief the Level 5 is within reach. For those not familiar with the terminology: Level 5 is full self driving everywhere (=not geo-fenced), in all conditions. In other words: you can sleep while the car drives to the destination, wherever it may be. This of course has been fueled by Tesla and Elon Musk who has actually been selling the "Full Self Driving" option for some time. And people have been buying. Snake oil again. Stupid customers is one thing, the other thing is investment fund managers who are not able to distinguish the grains from the chaff. Based on the (correct) assumption that convenience sells , they have lured crowds to put money in their funds, without doing proper due diligence. The investment thesis is "AI will solve it, because AI solves every problem, e.g., it can play chess or go". But actually there is the fundamental difference between a gam...