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Technology Stocks : Driverless autos, trucks, taxis etc.

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From: Sam4/26/2017 11:42:31 AM
   of 567
 
Alphabet Offers A Glimpse Of The Self-Driving Future
Apr. 25, 2017 2:12 PM ET
| 33 comments |
About: Alphabet Inc. (GOOG), GOOGL, Includes: GM, IBM, TSLA

Mark Hibben

Summary
  • Waymo starts a ride-sharing program.
  • LIDAR's role in autonomous vehicles.
  • Waymo's new allegations against Uber.
Rethink Technology business briefs for April 25, 2017

Waymo Starts a Ride Sharing Program



Source: Tech Crunch

Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) self-driving car subsidiary Waymo has announced that it will offer a ride-sharing service in the Phoenix, AZ area using a fleet of self-driving Chrysler Pacifica Hybrid minivans.

Waymo calls this the Early Rider program, and prospective users can sign up for it here. Waymo currently is deploying a fleet of 100 of the Chrysler vans and plans to expand this fleet by another 500 Pacificas.

Waymo has racked up 2.5 million miles in the past 8 years that it has been developing its autonomous vehicle technology, according to the WSJ. Probably, Waymo has the most experience in terms of mileage of any of the 30 companies that have applied for self-driving car test permits in California.

Waymo also appears to have the most reliable system based on California's 2016 Disengagement Reports which testing companies were required to file. Waymo reported that its disengagement rate was on average once per 5000 miles. A disengagement is where the system either ceases control of the vehicle of its own accord or is overridden by the human test driver. Waymo's Early Rider service will continue to have drivers behind the wheel.

But apparently, Waymo believes the rate of disengagement is now low enough to be acceptable to the early riders, and that safety will not be a concern.

Waymo's Early Rider program certainly demonstrates its leadership position in self-driving cars, but it isn't the first to offer autonomous vehicle rides to the public. That honor probably goes to Local Motors' Olli self-driving bus, which makes use of IBM (NYSE: IBM) Watson artificial intelligence.

continues at seekingalpha.com
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