inefficient asset’ and says no one will need one in 15 to 20 years
For those living near big cities & more densely populated states-Yep.
If the cost per mile can be kept reasonably low.
Younger folks in that locale might lean toward electric bikes or motorcycles.
Well 1 billion seems a bit excessive. Although we know about Elon Musk hyperbolic announcements.
Robots could be useful in retail & manufacturing and caring for the aged.
Could a robot be merged with AI to provide legal and accounting services?
Just what are we going to do with useless humans that are too expensive to use as labor?
Worldwide, there are approximately 4.66 million operational industrial robots working in manufacturing. Currently, over half a million a year are in the planning, and that’s just manufacturing.
Baloney. You’ve heard of rain and snow? And families and kids?
Nope. Nobody wants to wait 10-20 minites for a ride every time they want to go out.
We have lots of inefficient assets. Cheaper to go to a laundromat than having $2000 worth of machines in a room dedicated to cleaning them, but unless you’re poor you don’t do that. And have you ever seen all the boats people own that they use 3 times a summer?
Private Automobiles as a prerequisite to participation in normal life, as the idiot insanely inefficient cloggers of what were urban streets belonging to everyone, as prime sourcesnof pollution and dealers of death and injury (even excluding drunks and drugged drivers) will eventually be abandoned and our progeny will find the idiocy of the last 120 years incomprehensible.
I should have said younger single folk.
As for rain & snow. They might choose an electric bike or motorcycle to avoid car loan payments which would be on top of their college loans & high housing expense.
A young person today has a more difficult road than we had at that age. Evidence:popularity of Affordability meme in politics.
I’m never too sure about the future with robots and tech.
Over thirty years ago I had a client who ran tech company, a very bright guy. He said that he was teaching his young son how to use a mouse with the computer but it was a waste of time because in a few years all the computers in homes would be voice activated.
The Guangzhou-based company does not want to be known simply for another lineup of electric vehicles (EVs). It wants technology to be the reason people notice the brand.
Xpeng sees itself as a technology company that happens to build cars. More than 40 percent of its workforce is involved in research and development, with 8,845 employees working in software, artificial intelligence (AI), intelligent driving, vehicle engineering, and other fields at the end of 2025.
That future no longer looks quite as distant.
The Land Aircraft Carrier combines a road-going vehicle with a detachable electric vertical-takeoff-and-landing aircraft. You drive to an appropriate launch area, deploy the aircraft and, at least in concept, continue the journey through the air.
And what do you do at journeys end? Is there another Land Aircraft Carrier waiting to receive you? Do you just land and walk to where you are trying to go? Do you need to call an UBER upon arrival? How do you get back to your original LAC? And does the original just sit somewhere awaiting your return like some lonely dog? So many questions and such idiocy.
Wait til I tell you what urban streets used to look like when the primary mode of transportation was horses.
Unsurprisingly, you didn’t need to own a horse back in the day, you could rent one from your friendly local stable. But most people decided to own horses anyway.
