1/ The professional driver who was paid to watch the road may have been watching Hulu at the time of the Uber crash. gizmodo.com/uber-driver-in…
Doesn't bode well for the attention of those driving who aren't paid to watch the road.
2/ It's unfortunate that we accept humans killing humans on the road because it is the norm, but freak out at semi #autonomous car accidents and ignore the lives it is saving.
Not to mention that #AI is improving and the tech should progressively save more lives.
3/ @elonmusk mentions this as does @nntaleb wrt Black Swans, "We can set up rewards for activity that reduces the risk of certain measurable events...But it is more difficult to reward the prevention (or even reduction) of a chain of bad events"
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2/One instructive analogy could be a Hollywood Studio vs Amazon Prime.
Hollywood studio needs hits b/c that's its whole business. Looks at Amazon Prime spending as irrational on cost per viewership. But Prime is part of a suite of services.
3/If Prime video content attracts and retains marginal customers across its entire suite of services, which extend far beyond video streaming, then Amazon’s content spend—seemingly unprofitable from a Hollywood mogul’s perspective—is entirely rational.
The University of Michigan Consumer Sentiment Survey asks: Do you think the next 12 months or so will be a good time or a bad time to buy a new vehicle?
More people than ever said "Bad Time" going all the way back to 1961.
2/But automakers claim demand is strong and point to low inventory on dealer lots.
But is inventory on dealer lots? How much inventory is in people's driveways after buying a car to avoid public transport during COVID?
3/As semiconductors arrive, can selling a low number of cars quickly be linearly extrapolated to selling a high number of cars quickly?
There is also a shift in consumer preference towards electric vehicles. Will the incremental buyer want a gas-powered vehicle or an EV?