CAT’s CEO, Jim Umpleby said on today’s Bernstein webcast that mines operating with as few as 15-20 trucks can now benefit from autonomous equipment, despite the large capital investment (for new equipment and/or or retrofits).
Just a few years ago, a mine had to have 70 or more trucks to justify investing in autonomy, according to Umpleby.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”