Gansha Wu was a veteran engineering manager at Intel Corporation and director of Intel Labs China when two events upended his world last year.
First, he listened to the veteran technology writer Michael Malone tell an audience of Intel employees that if they were too cautious they would fail. Then he attended a leadership training session for Intel executives. The trainer told them that “to be a leader is to design a future that is unpredictable and which nobody bets on.”
He couldn’t sleep at night, thinking about his well-ordered, 16-year career at Intel. So he decided to take a risk. With four colleagues, he made the decision to take the uncertain path, which today is becoming more common in China than even in Silicon Valley: He quit his job to begin a start-up that specializes in autonomous, or self-driving, cars.
In the process, Mr. Wu hit upon a rare moment when a tech sector in China is developing in lock step with a similar but separate market in the United States.
In fact, some argue that conditions in China are actually more favorable for quick adoption of driverless cars, in part because of more aggressive support from the national and local governments. And, unlike in the United States, China never fully developed a romance with the open road and car ownership.
Car ownership has spiked in China, of course. And in recent years, it has become a middle-class status symbol to own a car. For the ultrawealthy, there are clubs dedicated to Ferraris and Maseratis.
But enormous traffic jams in China’s largest cities can make driving a less-than-romantic experience. Why not let a machine built with artificial intelligence inside do the work for you?
Research done by the Boston Consulting Group suggests that within 15 years China will be the largest market for autonomous vehicles, said Xavier Mosquet, a managing director at the firm. Automated taxis will most likely lead the trend.
“It’s not that people are more willing to use the cars in Beijing or Shanghai, it’s that the economic value is much higher in China than in the U.S.,” Mr. Mosquet said, adding that air pollution could be as much a catalyst as bad traffic.
The Latest on: Driverless car
via Google News
The Latest on: Driverless car
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- This driverless car was completely remote-controlled over 5Gon July 5, 2019 at 9:38 am
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- EU states reject WiFi plan for driverless carson July 4, 2019 at 4:36 am
The European Commission has been forced into a U-turn after member states rejected plans to adopt a WiFi-based system for self-driving cars to communicate with each other. The WiFi plan ran into ... […]
- New Flaw In Boeing 737 Forewarns Emergency Procedure Bugs In Driverless Carson July 3, 2019 at 8:36 am
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- Driverless Car Add-On Kits Are Dead Ends And By Degrees Sunk Drive.AIon July 1, 2019 at 8:37 am
A relatively smallish company named Drive.AI that had embarked upon trying to develop self-driving driverless car tech has closed its doors and otherwise been acquired by Apple. Presumably, the AI ... […]
- What's the Scariest Thing About Driverless Cars? Hint: It's Not the Priceon July 1, 2019 at 2:05 am
Stop me if you've had this fantasy: You're sitting in the front seat of your car as it speeds down a highway, your feet planted on the floor, hands resting in your lap. Maybe soft jazz plays, pausing ... […]
- Driverless Car Market is touching new level aEUR" A comprehensive study by key players- Audi, BMW, Mercedes-Benzon June 30, 2019 at 11:49 pm
Jul 01, 2019 (AB Digital via COMTEX) -- At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth ... […]
- 3 Top Driverless Car Stocks to Watchon June 29, 2019 at 7:52 am
It's folly to think of driverless cars as some far-off future technology. They're already here. In Las Vegas, the self-driving car partnership between Lyft and Aptiv recently hit the 50,000-ride mark. ... […]
- Apple’s silence hurts effort on driverless carson June 28, 2019 at 2:10 am
Pat Marion (left), Vadim Korolik (standing desk) and Julian Lin (right) work on the software at drive.ai on Wednesday, Aug. 9, 2017, in Mountain View, Calif. Drive.ai is a Silicon Valley startup ... […]
- Uber Says Driverless Cars Can Only Happen in Lockstep With Regulatorson June 27, 2019 at 7:33 pm
Eric Meyhofer, the head of Uber’s advanced technology group, dispelled any notion on Thursday that driverless cars are a pipe dream or laughable relics from an old Jetsons cartoon. Speaking at ... […]
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