There's an avalanche of bad news and doubt these past weeks about self-driving. Not good.

Even After $100 Billion, Self-Driving Cars Are Going Nowhere. They were supposed to be the future. But prominent detractors, who pioneered the industry, are getting louder as losses get bigger. https://www.bloomberg.com/news/features/2022-10-06/even-after-100-billion-self-driving-cars-are-going-nowhere

$100 Billion and 10 Years of Development Later, and Self-Driving Cars Can Barely Turn Left https://jalopnik.com/100-billion-and-10-years-of-development-later-and-sel-1849639732

The driverless car revolution is stuck in the slow lane https://www.ft.com/content/cf443342-fb39-4877-bedd-3385f33be062

Self-driving tech startup values crash 81% in 2 years. LiDAR companies lead the pack, with valuations plummeting up to 99% since IPO https://www.theregister.com/2022/10/18/selfdriving_tech_values/

Self-Driving Tech Startups Are Driving Off A Cliff On Public Markets https://news.crunchbase.com/transportation/self-driving-tech-startups-funding-ipos/

Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down — its parts being absorbed into its two main backers: Ford and VW, according to people familiar with the matter. https://techcrunch.com/2022/10/26/ford-vw-backed-argo-ai-is-shutting-down/

Tesla Inc. is under criminal investigation in the U.S. over claims that the company’s electric vehicles can drive themselves. The U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal. https://www.reuters.com/legal/exclusive-tesla-faces-us-criminal-probe-over-self-driving-claims-sources-2022-10-26/

Shall the Sleek Inherit an Autonomous Earth… and save what’s been left over after the Big October 2022 Driverless Fallout? Continue reading here. Cheers, Ralph