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Technology Stocks : Driverless autos, trucks, taxis etc.

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To: slacker711 who wrote (37)3/17/2017 4:40:48 PM
From: Sam  Read Replies (1) of 567
 
Hey Slacker!
So glad to have company on this thread, especially company that is as thoughtful, intelligent and careful as you. The revolution that is heralded by AI is incredible and driverless vehicles are just one aspect of it (albeit a big deal aspect). It is both exhilarating and foreboding to me. The world will be unrecognizable in 50 years in one way or another. Very foggy to me if this will turn out to be a good or a bad thing, but I don't think anyone can stop it. It will increasing drive the dominant modes of production and as any number of people have noted from at least Aristotle on, that tends to drive who has power and what happens in the world.

Here is a piece from S.A. that reflects on Intel's acquisition of Mobileye and some of the broader implications of AI in autos. It puts the whole trend into a broader Internet of Things context. It isn't really a great piece, but it does make nice points and has an interesting graphic.

Why This Deal Unveils A $100 Billion Opportunity
By Matthew Carr, Emerging Trends Strategist, The Oxford Club
Mar. 17, 2017 4:07 PM ET
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| Includes: AAOI, AMD, AMKR, AXTI, CRUS, MBLY, MPWR, MU, NVDA, NXPI, ON, QCOM, STM, VLKAF
by: Investment U

seekingalpha.com

a couple of brief excerpts:

in the past 50 years, cars have gone from having one computer system to having more than 50...


Just think, each of these systems requires computer chips.

Working on cars is no longer about being a mechanic. It’s about being a computer technician.

And we’re not even talking about autonomous or self-driving cars... at least not yet.

[....]

Computers are getting more advanced and finding their way into a variety of appliances and devices - our Internet of Things.

And just one piece of that is automobiles. The fact is that your car is probably already connected to the internet.

But this market still offers considerable upside for tech companies. This is not only because of the amount of systems that already exist... but because as systems get more advanced, they need more chips. And the size of chips shrinks.

Take a moment and reflect back on the evolution of your cellphone to a smartphone - and the growth of chips packed inside.

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