Uber, ahead of IPO, sees some time before self-driving cars dominate the road

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Uber, ahead of IPO, sees some time before self-driving cars dominate the road
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Uber Technologies Inc believes it will take a long time for self-driving cars to be used at scale but the technology will save lives, the chief ...

NEW YORK: Uber Technologies Inc expects it will be a long time before one of its biggest investments, self-driving cars, is ready for wide-scale deployment, a senior scientist said on Monday, as the ride-sharing firm gears up to go public.

Urtasun's comments fall in line with the rest of the self-driving industry, which after much hype and bold promises has tempered expectations and pushed out timelines for deployment. The extreme technical challenges of building cars that can predict human behavior and respond appropriately proved greater than even some of the industry's brightest minds had anticipated.

Urtasun declined to offer any guidance on what mix of human-driven cars and autonomous cars Uber will have in the next 10 years, citing too many uncertainties in the industry.Channel NewsAsia - Sentifi topic widgetThe business of building self-driving cars is extraordinarily expensive and the timeframe to payoff is increasingly uncertain.

After the fatal Arizona crash, Uber removed its autonomous cars from the road, laid off hundreds of test drivers and shuttered operations in Arizona, its testing hub. Uber resumed very limited testing on public roads in Pittsburgh in December.

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