Following years of hype and billions of dollars in investment, some other companies are admitting that expectations for self-driving cars were perhaps too high.
“We overestimated the arrival of autonomous vehicles,” said Ford CEO Jim 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.”
Read the article at Engadget.
