October 27, 2022 03:54 pm
Original Link: https://www.theverge.com/2022/10/27/23426449/ford-argo-ai-driver-assist-level-2-level-3-danger-risk
Ford thinks driver assist is a safer bet than driverless cars, but its fooling itself
When Ford announced yesterday that it was pulling its support for Argo AI, the autonomous driving startup it had financed since 2017, it cited as one of its reasons a belief that driver-assist technology will have more near-term payoffs.
The automaker said it will be shifting its resources from the Level 4 autonomous technology that was under development at Argo to “internally developed L2+/L3 technology.”
“So it’s taking that investment and putting it towards a business where we think we will have a sizable return in the near term relative to one that’s going to have a long arc,” said John Lawler, Ford’s chief financial officer, during a call with investors Wednesday.
Original Link: https://www.theverge.com/2022/10/27/23426449/ford-argo-ai-driver-assist-level-2-level-3-danger-risk
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