How Uber's Self-Driving Program Differs from Waymo's
Uber’s fatal autonomous car crash is a direct result of how it has been running its self-driving project. That’s according to Alex Roy, Founder of The Human Driving Association, who says the ride-hailing company’s approach is in stark contrast to one of its rivals.
“There’s a lot of indication that Waymo’s doing this correctly. They’re taking their time, it’s a slow and steady approach,” Roy explained, citing the fact that Waymo has so far racked up about 4 million miles of testing while Uber has half of that in the books.
Meanwhile, “there’s every indication...that Uber has an existential need to get self-driving cars on the road because drivers cost so much.”
Uber faced major backlash this week after one of its driverless cars struck and killed a pedestrian in Tempe, Ariz., Sunday.
It is the first known fatality by an autonomous vehicle and raises questions about the future of self-driving auto industry overall.
On Thursday, Tempe police released video footage from the car’s cameras to show exactly what happened. The local police and the National Transportation Safety Board are still investigating who is to blame, but earlier in the week Tempe police said Uber will “likely not be at fault.”
“There are methods of testing self-driving vehicles, they are just going to be more tedious...that’s going to take a lot more time,” said Roy, pointing out that companies can test in closed environments and by using computer simulation instead.
“It’s not a coincidence that it’s Uber who had this crash.”
On Friday, a [New York Times report](https://www.nytimes.com/2018/03/23/technology/uber-self-driving-cars-arizona.html) uncovered that even before the crash, Uber's autonomous vehicle unit was struggling to meet internal expectations and required more human intervention than its rivals.
For the full interview, [click here](https://cheddar.com/videos/the-dangers-of-self-driving-tech).
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
