Applied Intuition CEO @qasar on the autonomous driving approaches being taken by Tesla and Waymo, and why both can succeed in the years to come: "Generally speaking, every single car company on the planet right now is working on a product that’s like a Tesla FSD product. Many companies are working on versions of that, that would become fully autonomous within a cheap sensor suite." "So the fundamental difference, just to simplify the Tesla approach versus the Waymo approach... the Waymo approach is lots of sensors and lots of compute, and maps, and the Tesla version is very few sensors, no high fidelity maps... and cheaper compute for a lack of a better word." "And the Tesla version of a product, this in the industry is called an L2++ product, is going to be available everywhere because it’s literally cheaper and it doesn’t require HD maps. The Waymo product functions better in a geographically constrained area." "So, fast forward five years, both of these types of technologies will be much more ubiquitous. L2++ and L4 will be much more ubiquitous, not only in the Bay Area or in parts of China, but really globally - there are companies working on this globally." "We’re at that moment for L2++ systems. Where people are willing to pay thousands of dollars for a semi-automated vehicle." "It will not be a long time — you’re already seeing this in China — where the downward pricing pressure for the autonomous product, for lack of a better word, will become close to free." @qasar @lennysan(a16z)