Apple this week invested $1 billion in Xiaoju Kuaizhi Inc., known as Didi — by far the dominant car-hailing service in China with 300 million customers. While Apple has long admitted being interested in car technology and has deals to put Apple technology into many car lines, this particular investment seems to have been a surprise to most everyone. Analysts and pundits are seeing the investment as a way for Apple to get automotive metadata or even to please the Chinese government. I think it’s more than that. I think it is a potential answer to Apple’s huge problem of foreign cash and a grab for leadership in what may well be […]
Apple and Didi is about foreign cash and the future of motoring
Predictions 5 & 6: Drones and driverless cars? Not this year
When it comes to predictions it is often easiest just to take some really popular new technology and point out the obvious time it will take to be actually adopted. You could say I’m doing that here with drone deliveries and driverless cars, but I like to think my value-added is explaining why these will take so much longer than some people expect.
Amazon.com has been making a lot of noise about using small helicopter drones to deliver packages. I’m not here to say this is an impossible task or that drones won’t at some point be used for this purpose, but what I am saying is that it won’t happen this year, won’t happen […]
