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[BGR]Driverless cars could be the big thing that vaults Google over Apple

post #1 of 196
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Quote:
Apple (AAPL) may not be the most valuable over company in the world anymore, but it’s still by far the most valuable tech company, as its market cap of around $416 billion easily tops Google’s (GOOG) $248 billion valuation and Microsoft’s (MSFT) $233 billion valuation. Over at Forbes, Chunka Mui makes an interesting case that Google’s investment in driverless car technology will be an absolute goldmine for the company in the coming years that could even vault it past its rivals in Cupertino.

“The driverless car has broad implications for society, for the economy and for individual businesses,” he writes. “Just in the U.S., the car puts up for grab some $2 trillion a year in revenue and even more market cap. It creates business opportunities that dwarf Google’s current search-based business and unleashes existential challenges to market leaders across numerous industries, including car makers, auto insurers, energy companies and others that share in car-related revenue.”

Full story: BGR.com
post #2 of 196
If it's driven by Google maps there may be some problems. tongue.gif

Just saying when some of the streets I know gain an extra 200meters or so you do have to worry.
     
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post #3 of 196
Quote:
Originally Posted by Rookie1337 View Post

If it's driven by Google maps there may be some problems. tongue.gif

Just saying when some of the streets I know gain an extra 200meters or so you do have to worry.


The top part is a rotating laser that senses the surroundings and identifies it. Plus, Google Maps has been quite accurate in my experience.
   
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post #4 of 196
The guys from the Tek were talking about this as well, the technology is impressive, but more impressive is the fact that it can provide so much revenue..

When it comes to GPS navigation, I certainly put my money on gmaps, the alternatives are laughable..
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post #5 of 196
Audi has already demonstrated driver-less technology that doesn't include a giant roof mounted satellite dish, I cant see Google getting far with this...

This is something I think all car manufacturers will be heavily invested in during the next 10 years, I cant see them all partnering with Google to do it...
post #6 of 196
Market cap is a terrible way to determine "value" just sayin...
post #7 of 196
the guy in the back looks like Zach Braff, credibility lost wink.gif
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post #8 of 196
Quote:
Originally Posted by -retaliation- View Post

the guy in the back looks like Zach Braff, credibility lost wink.gif

You know that's Sergey Brin, right? I may have missed your sarcasm.
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post #9 of 196
Quote:
Originally Posted by Rookie1337 View Post

If it's driven by Google maps there may be some problems. tongue.gif

Just saying when some of the streets I know gain an extra 200meters or so you do have to worry.

It's not driven solely by maps. Yes, the directions between locations may be, but the driving itself its camera/sensor driven. The fastest route might not always be the route it takes, but it'll be a phenomenal breakthrough for the blind and otherwise handicapped that can't drive. Imagine the public transit possibilities. Self driven buses. No more bus driver positions =/. Technology advancements will always have downsides, impact on unemployment rates is definitely a bad one.
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post #10 of 196
dont worry yes I know who that is, its just in the photo it makes him look like zach braff
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