AI is going to be the lead into driver-less cars.
Too early to predict who can hold on to the lead therein (NVDA so far, but MSFT, IBM AND INTC pushing up hard).
F is going for steering-wheel, gas pedal and brake-less autonomous vehicles . . . sounds like it will be better to lease them to consumers and get into the service and insurance business ends? Doubtful F can muster cash needed to consolidate and stand innovation flops, as industrial giants like APPL and Android toss monies at drive less-vehicles. Time is also working against F, as competitors strive to push ahead.
Hard for long-time F fans to see what's coming in next 10 years.
Ever wonder why F has to partner to compete now?
That is obvious clue to where things are going towards . . . 20-30 huge international corporations share and rule world governments as trade blocs.
Deficits are just electronic cash off-books accounting now . . . never can be paid off, as no one can afford to draw the funding to do that from current budget needs. Many today will never have a job and must be supported by taxing robots and given a universal basic income with side-benefits. As the top 10% get richer and richer, who will buy the production to keep it all going? Note F is offering vehicles at huge discounts just to get anyone to sign the purchase contract.
And, who is rushing into buy vehicles that cost thousand more each year, and can't find a place to park them downtown or at work?
Huge transportation bottlenecks loom as infrastructure outdated to modern needs.
I do not have the answers and doubt F has either.
Watch for update by mmmgt.
