Autonomous Vehicles: The bumpy road to self-driving cars
Companies like Waymo and Tesla are throwing the kitchen sink at autonomous vehicles. Every year from 2015 to 2021, Elon Musk predicted that we would have fully self-driving cars within 12 months. He's been proven wrong over and over again. With hundreds of billions of dollars being sunk into the technology, it's a wonder to some that we are still using steering wheels and gear shifts to get us from A to B. Off our highways, however, the story is a little different. On farms and in mines, on railways and in the skies, many vehicles are now almost completely autonomous. So why can't we make the leap onto the open road? In Episode 5 of Mike & Amit Talk Tech, Professor Mike Wade explains why we're in an "autonomous driving winter", while AI authority Amit Joshi, tells us why the last stage of self-driving development will require a lot more investment. ********* Michael Wade is Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership. Amit Joshi is Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience of AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma.