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πŸ‡¨πŸ‡³ ChinA.I. πŸ€–πŸ§ πŸ¦ΎπŸ€–

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Jerome Cody

shared a link post in group #πŸ‡¨πŸ‡³ ChinA.I. πŸ€–πŸ§ πŸ¦ΎπŸ€– via #A Glance of China θ‘Œζ‘„δΈ­ε›½

In Wuhan, China, Apollo Go's driverless taxis are offering rides at around $0.50 for six miles, much cheaper than traditional taxis' $2.48 for the same distance. The service, operated by Baidu, currently has 500 vehicles and plans to double to 1,000 by the end of 2024. - The rapid adoption of low-cost robotaxis has raised concerns about job losses among gig economy workers amidst China's struggling economy. - China's push in the autonomous vehicle market is bolstered by government initiatives and commercial licenses, with projected sector revenue of $300B to $400B by 2035. - Apollo Go's low fares are due to temporary discounts and subsidies from local governments to encourage adoption. - Social media backlash, especially on Weibo, highlights fears of job loss and market disruption from the robotaxi service's low pricing. - Autonomous vehicle testing is progressing globally, but companies like Cruise and Waymo have faced recent setbacks due to safety and operational issues. #Robotics Revolution πŸ¦ΎπŸ€–πŸ¦Ώ #πŸ‡¨πŸ‡³ ChinA.I. πŸ€–πŸ§ πŸ¦ΎπŸ€– #A Glance of China θ‘Œζ‘„δΈ­ε›½
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edition.cnn.com

Super cheap robotaxi rides spark widespread anxiety in China | CNN Business

In China, it’s possible to travel six miles in a driverless taxi for just about 50 cents.

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