Too Long; Didn't Read
Intel’s acquisition of Mobileye is a reminder that fundamental transformations to the infrastructure of the auto industry are underway — mostly caused by the drastically increased ability of computing to <strong>perceive, understand, </strong>and<strong> act</strong> on the physical world. Where huge companies previously dominated, new startups are bubbling up that are challenging the way we think of automotive companies. Some of them will grow organically (e.g. Tesla) and some will be acquired by incumbents. Comet Labs believes that many more will be born in the next few years tackling each part of the stack — and this same trend will be replicated into every major industry — agriculture, professional services, retail, construction etc. In other words… the future is just around the corner.