Chapter
The Strategy Behind Blanketing a City in Self-Driving Cars
1:21:15 - 1:24:30 (03:15)
A first-mover advantage exists in carefully balancing a market with self-driving cars, as switching costs increase for consumers. Chinese knockoff self-driving cars may be attractive for blanketing a city, but the commoditization of the technology could resemble the current state of scooter sharing.
Clips
The speaker suggests that buying Chinese knockoff self-driving cars is a cost-effective method to blanket a new city with autonomous vehicles.
1:21:15 - 1:23:46 (02:31)
Summary
The speaker suggests that buying Chinese knockoff self-driving cars is a cost-effective method to blanket a new city with autonomous vehicles. Additionally, he argues that the self-driving car market does not have a network effect, and the first mover advantage is crucial with a shifting cost for everyone.
ChapterThe Strategy Behind Blanketing a City in Self-Driving Cars
EpisodeGeorge Hotz: Comma.ai, OpenPilot, and Autonomous Vehicles
PodcastLex Fridman Podcast
Scaling autonomous vehicles and scooter-sharing services can be challenging due to the lack of first mover advantage and the issue of subsidies to entice adoption.
1:23:46 - 1:24:30 (00:43)
Summary
Scaling autonomous vehicles and scooter-sharing services can be challenging due to the lack of first mover advantage and the issue of subsidies to entice adoption.