Money Continues to Pile Into Self-Driving Cars

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It’s like Uber, but for self-driving cars:

On-demand transportation company Lyft raised $1 billion in a Series F round of funding, with $500 million coming from General Motors, the San Francisco company announced Monday.

….In addition to the injection of cash, GM will take a seat on Lyft’s board, and the two companies will create an Autonomous On-Demand Network that will enable people to book a self-driving car in the way they currently hail an Uber or Lyft ride….Although self-driving cars could still be a ways off, the investment is a clear indicator that the transportation industry believes autonomous vehicles will play a big role in the future.

The amount of money going into self-driving cars is pretty spectacular, and it’s a good indication that the technology is moving forward quickly. At this point, my guess is that we’ll have semi-autonomous vehicles on the road in significant numbers by 2020 and fully autonomous vehicles by 2025. If you buy a new car this year, it might well be the last car with a steering wheel that you ever own.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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