⚙️Argo AI failed due to the challenges of developing both the technology and a profitable business model for self-driving cars.
📉The hype surrounding autonomous vehicles in the past has evaporated, leading to a decrease in investments and partnerships.
🚗Ford has shifted its focus to L2 and L3 driving systems, while VW continues its partnership with Mobileye in the autonomous driving space.
💰The profitability of self-driving cars remains a distant goal, with high costs and complex logistics posing significant challenges.
🌍In the future, there are expected to be only a few companies globally specializing in self-driving car technology and services.