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Seeing Share Chat (SEE)



Share Price: 3.40Bid: 3.30Ask: 3.50Change: 0.075 (+2.26%)Riser - Seeing
Spread: 0.20Spread as %: 6.06%Open: 3.30High: 3.40Low: 3.30Yesterday’s Close: 3.325


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shallwe
Posts: 634
Opinion:No Opinion
Price:3.075
RE: More investments
19 Apr '19
It will still be in planes, trains and trucks
 
terrym
Posts: 1,439
Opinion:No Opinion
Price:3.075
RE: More investments
19 Apr '19
Phil

And then after that, people want to drive a car.

https://carbuzz.com/news/americans-still-prefer-to-do-the-driving-themselves
terrym
Posts: 1,439
Opinion:No Opinion
Price:3.075
RE: More investments
19 Apr '19
While fully self-driving cars have been in various stages of development for some time, the expectation of when they will be market-ready is quite a bit down the road.

Of those involved in the autonomous vehicle industry, most expect it will take 10 to 20 years before such vehicles are market-ready, and no one sees them coming in the next couple of years, according to a new study.

The majority (76%) expect it will take at least 10 years for true Level 5 cars to be market-ready, according to the TU-Automotive study of 300 executives involved with autonomous vehicles, including automakers, hardware providers, software developers and other critical auto mobility stakeholders.

https://www.mediapost.com/publications/article/333413/76-see-full-self-driving-cars-at-least-10-years-a.html
terrym
Posts: 1,439
Opinion:No Opinion
Price:3.075
RE: More investments
19 Apr '19
What computer people say

Autonomous vehicle tech is too costly and unreliable for production

Level 5, fully autonomous vehicles are a decade away. By then, the tech will be so expensive, that it will only be available on high-end vehicles

Cliff Saran
Managing Editor
17 Apr 2019 18:00

A study by analyst Forrester for chipmaker Arm, looking at the development of autonomous vehicles (AV), has reported that engineers believe the cost of the technology needed to support autonomous vehicles is too high.

https://www.computerweekly.com/news/252461838/Autonomous-vehicle-tech-is-too-costly-and-unreliable-for-production
terrym
Posts: 1,439
Opinion:No Opinion
Price:3.075
RE: More investments
19 Apr '19
Forbes say
Fear of missing out (FOMO) is the only rational reason for why Toyota and Denso would pour $667m into such an awful asset. Furthermore, the only hope for this billion not to disappear into a black hole is for Uber to buy one of its plentiful and substantially superior, self-driving rivals.
terrym
Posts: 1,439
Opinion:No Opinion
Price:3.075
RE: More investments
19 Apr '19
What Uber say last week

Self-driving cars dominating the roads could be a long way off according to Uber tech-scientist.

https://www.taxi-point.co.uk/single-post/2019/04/11/Selfdriving-cars-dominating-the-roads-could-be-a-long-way-off-according-to-Uber-techscientist
terrym
Posts: 1,439
Opinion:No Opinion
Price:3.075
RE: More investments
19 Apr '19
Last Week Ford said...
Ford CEO Jim Hackett scaled back hopes about the company's plans for self-driving cars this week, admitting that the first vehicles will have limits. "We overestimated the arrival of autonomous vehicles," said Hackett, who once headed the company's autonomous vehicle division, at a Detroit Economic Club event on Tuesday. While Ford still plans on launching its self-driving car fleet in 2021, Hackett added that "its applications will be narrow, what we call geo-fenced, because the problem is so complex."

https://www.engadget.com/2019/04/10/ford-ceo-says-the-company-overestimated-self-driving-cars/
Philtronic
Posts: 1,448
Opinion:No Opinion
Price:3.075
RE: More investments
19 Apr '19
Em, we are only 3p mcap of 70m, pretty unloved. Although all the pointers are towards dms being around for years I get the feeling its obsolete technology in the making, all the investment is in autonomous tech. The softbanks of the world are getting in early with a view to getting a massive payday. Look at Apple, amazon and sky but to name a few.
We will make money but dms has a shelf life and going forward convenience dms will be all that’s needed in the robotaxi city centre world we are headed for. I believe vehicles wont be allowed into cities to reduce the pollution and parking issues and in fact why would you need one if a robo taxi is available which in terms of owning a lump of depreciation that sits loosing money 85% of its life costs nothing. Supercruise type of level 3 will be available for a long time for everyone else, but cities are where the real money is. Thats what I think.
terrym
Posts: 1,439
Opinion:No Opinion
Price:3.075
More investments
19 Apr '19
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