The Ledger
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Niedermeyer: Existing autonomous tech cannot handle general-purpose driving
“The technology that exists today is not up to the task of automating general purpose driving like we do with cars. We can't automate the way we drive cars because it is a multiplicity of tasks. It's in a multiplicity of domains. Like it's just way too much.”
Niedermeyer: Argo AI's shutdown does not mean AV tech doesn't work
“And I think it's very easy to look at this and say, shutting down Argo.ai was an admission that this technology doesn't work, or wasn't going to work, or was a scam. And you look out on social media, and people are taking that lesson away, and I think that's t…”
Niedermeyer: Argo AI's collapse represents the popping of the autonomous vehicle bubble
“What has to happen is you have to have the bubbles pop, and that's what things like, you know, Argo.ai going under was, that's what that is. It's a bubble pop.”
Mark Fields: Ford is investing $1 billion in startup Argo AI
“And that's why we're investing one billion dollars over five years, over the next five years, in Argo AI, an artificial intelligence company, and their role is going to be to develop the virtual driver system for autonomous vehicles and, of course,”