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The Road to Autonomy

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Nov 10, 2020 • 36min

Episode 15 | Insurance Markets and the Digital Economy

Jillian Slyfield, Digital Economy Practice Leader, Aon joins Grayson Brulte on The Road To Autonomy Podcast to discuss the current state of the insurance markets and the digital economy.The conversation begins with Jillian sharing a high-level overview of Aon and the current state of the insurance markets.It’s the hardest market that we have seen in 25 years. – Jillian SlyfieldWith a hard market comes reduced capacity in the marketplace which leads to increased pricing for renewals.The markets are hardening with anywhere from 25-40 %, sometimes, even more, delivering at times a 70% year-over-year increase in costs. – Jillian SlyfieldThe hardening markets are not just leading to price increases for companies, insurance companies are also reducing their capacity. Aon is working with it’s clients to ensure that they are prepared for the current state of the insurance markets.The current state of the insurance markets conversation evolves into one about being underinsured. With significant price premium increases, some companies are having to make hard decisions about how much insurance they can afford and what to do to ensure they are still properly insured for risk.The insurance market is currently facing the “perfect storm” due to the current state of the world. Jillian dives into the issues that are affecting the insurance markets, which is leading to increased premium increases.It all flows up to the reinsurance markets, very data driven underwriting in that space. – Jillian SlyfieldAs more certainty comes into view on monetarily policy and elections, the insurance markets should start to stabilize. Monetary policy and elections have direct effects on markets across the globe.Looking at the capital markets, one of the biggest trends of 2020 has been SPACs (Special Purpose Acquisition Company) which have raised $51.3 billion this year as compared to $111.6 billion raised in traditional IPOs.Grayson asks Jillian how the insurance is different for SPACs as compared to traditional IPOs and how underwriters view the risk of SPACs.Interestingly the markets see SPACs being less risky than a traditional IPO, which can be very positive. – Jillian SlyfieldThe biggest risk for a company going public either through a SPAC or a traditional IPO is the D&O (Directors and Officers) insurance. For a company going public, insurer selection is extremely important and that the carrier understands your business model and industry.Aon works with their clients to ensure that if this then that scenario happens, their clients are fully protected with the right insurance.Claims occur all of the time. That is why the insurance is there. That is why you have strong advisors like Aon beyond you. Should something arise, you get the best counsel possible. – Jillian SlyfieldStaying on the theme of working with clients, Grayson asks Jillian how Aon works with underwriters to properly insure asset-light companies. The risk issues, the data used for underwriting is different for asset-light companies.Jillian gives a masterclass on how insurance can be used to protect third-party transactions such as Airbnb and Uber. Looking to understand these asset-light businesses, underwriters are actively using the products and services to fully understand the business.By driving for Uber or listing your home on Airbnb, underwriters are experiencing how the business operates first-hand and what potential risks are associated with the business model. This hands-on approach allows underwriters to properly understand the risk.With an autonomous future on the horizon, Grayson and Jillian discuss what happens when autonomous vehicles are operating in cities around the world. Autonomous vehicles do not get distracted or sleepy, which will lead to a decrease in claims.Jillian goes onto explain how insurance carriers are planning for a future with autonomous vehicles and who will be responsible for the risk and pay the insurance premiums.Expanding upon this conversation, Grayson and Jillian discuss how underwriters are looking at insuring self-driving trucks and delivery bots.Closing out the conversation, Grayson asks Jillian what impact will mobility and innovation have on the broader insurance market over the next 25 years.Recorded on Tuesday, October 20, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Nov 3, 2020 • 46min

Episode 14 | Mobility SPACs: Hype or Reality?

David Welch, Detroit Bureau Chief, Bloomberg joins Grayson Brulte on The Road To Autonomy Podcast to discuss the mobility SPAC market.The conversation begins with David sharing his thoughts on the current state of the mobility SPAC market. He brings up the valid point of who is conducting the scouting and due diligence on the deals.Grayson then asks David about the supposed due diligence that Steve Girsky’s VectoIQ Acquisition Corp. did prior to merging with Nikola and taking the company public via a SPAC transaction. Building upon that conversation, David talks about the in-progress Nikola / GM deal that has yet to close.Expanding upon the conversation around Nikola and GM, Grayson asks David if Nikola would even have made it through a traditional IPO. David does not think Nikola would have made it through a traditional IPO process.David suggests that GM originally did the deal with Nikola because the company had a hot stock at the time. Was the Nikola stock craze driven by retail investors on Robinhood? Perhaps, but we do not know.Now SoftBank and Apollo Global Management have announced that are launching SPACs.Real money is getting into the game. To me, that is a good sign. Those guys are professionals who invested in everything from publicly traded stocks already to startups and other private players.They have made a lot of money so it’s more clear that they know how to do due diligence.It’s a better bet than the more well-known SPACs that are out there. – David WelchCould this be a trend of blue-chip investment companies investing in less-risky electric mobility companies? BlackRock has invested billions in Rivian and Arrival. Both companies are being deemed less-risky than other mobility start-ups by the market. Rivian also has backing from Amazon.Staying on the Amazon theme, Grayson and David discuss Amazon and mobility. What are the plans for Zoox? Will Amazon end up acquiring Rivian? Does Amazon introduce a mobility Prime service in the future powered by Zoox?Amazon could have their own competitor to Uber and Lyft with Zoox controlled self-driving vehicles. – David WelchBut who wants to own and manage the fleet? Does someone buy Hertz out of bankruptcy to carve out an autonomous vehicle management business? Or does Penske expand outside of trucks into autonomous vehicles?Rounding out the fleet management conversation, Grayson asks David to share his thoughts on the Great Pivot from Self-Driving Cars to Self-Driving Trucks. The two discuss the economics of self-driving trucks and how the business has a path to profitability.Did this path to profitability, impact Waymo’s decision to introduce self-driving trucks as the Waymo Via service? Grayson and David discuss Alphabet’s appetite to continue investing in Waymo without revenue.When Alphabet breaks out Waymo revenue for the first time, it will have a positive impact on Alphabet’s stock price. One just has to look to the time when Amazon broke out AWS (Amazon Web Services) revenue and the impact the revenue breakout had on Amazon’s stock.While Waymo is developing the Waymo Driver, Embark, Kodiak, and TuSimple have been focused solely on trucking from day one. Does this give them a competitive advantage? Perhaps.Grayson and David go on to discuss the Universal Driver debate and how developing autonomous technologies for trucks operating on highways is different than developing the tech for dense urban environments such as San Francisco.Staying on the theme of companies that are developing the Universal Driver, Grayson and David discuss Aurora and their many pivots. The two discuss Aurora’s business model and their seemingly never-ending stream of partnerships with no commercially viable products. Evolving into a larger discussion, the two discuss the need for partnerships in the autonomous vehicle industry.Closing out the conversation, Grayson asks David when Tata Motors will make a move and introduce self-driving Jaguars and Land Rover Range Rovers through a partnership with an autonomous vehicle company.Recorded on Friday, October 16, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Oct 27, 2020 • 49min

Episode 13 | Autonomous Trucking Logistics

Jordan Coleman, General Counsel and Vice President of Policy, Kodiak Robotics joins Grayson Brulte on The Road To Autonomy Podcast to discuss autonomous trucking logistics.The conversation begins with Jordan talking about his journey from corporate lawyer to start-up lawyer. His love of being a lawyer and working on transformative technology and what happened when Kodiak Robotics Co-Founders, Don Burnette, and Paz Eshel asked Jordan to join Kodiak as General Counsel.As my parents like to say, I was a lawyer when I was two-years old at the dinner table, well before I ever went to law school. – Jordan ColemanExpanding upon the dinner table conversation, Grayson asks Jordan to dive into family dinners and to share his insight into what his family would discuss over dinner. Jordan credits his parents and family for encouraging him to explore intellectual curiosity and have healthy debates.My dinner table was a debate club, my dinner table was public speaking 101 and my dinner table was definitely law school 101. – Jordan ColemanThe conversation evolves from the dinner table to a discussion on why autonomous trucks and what problems autonomous trucks can solve. The impact autonomous trucks will have on the economy and society as a whole.The economy can not function well without a well functioning logistics system. – Jordan ColemanAutonomous trucks will make the roadways of the United States safer for every single driver and passenger on the road. Autonomous trucks will be safer than human drivers as they do not get distracted, they do not drink and drive and they do not tailgate.For individuals who grew up in the ’80s with a third-row rear-facing seat in the back of their parent’s station wagons commonly known as the way-back, don’t worry your children will still be able to play the “Truck Honk Game”.There is nothing more mom and apple pie Americana than pulling the old air horn sign and the truck honking that horn. – Jordan ColemanThe perception team at Kodiak is actively working on ensuring that when a child does the “Truck Honk” arm pull, the autonomous truck will honk.In addition to working on the “Truck Honk”, Kodiak is actively delivering loads in Texas and learning how to operate in Texas. Kodiak is developing a technology that is solving pain-points and ensuring customer happiness.While Kodiak is purely focused on highway driving for autonomous trucks, a majority of the autonomous industry is focused on passenger vehicles in dense urban environments such as San Fransisco. San Fransisco is a notoriously complex city to drive in (both human and autonomously), not to mention a stringent regulatory environment.With the uncertainty around business models and the complexity of driving in dense urban environments, Grayson asks Jordan about “The Great Pivot to Autonomous Trucking” and why companies are pivoting from passenger vehicles to trucks.Part of the pivot is being driven by the economics of autonomous trucking as there is a clear path to profitability. The other part of the pivot is being driven by the fact that autonomous highway driving is an easier problem to solve than driving in dense urban environments.Then there is the opportunity based on trends, the growth of e-commerce, and cooking at home with farm-to-table ingredients. These goods and ingredients are shipped to consumer homes on trucks.Wrapping up the conversation, Grayson and Jordan discuss the economics of autonomous trucks, the trend of asset-light businesses, and why autonomous trucking as-a-service will become a reality in the future.Recorded on Tuesday, October 13, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Oct 20, 2020 • 44min

Episode 12 | California's Electric Future

Russ Mitchell who covers the rapidly changing global auto industry (with special emphasis on California, including Tesla, electric vehicles, and driverless cars) at The Los Angeles Times once again joins Grayson Brulte on The Road To Autonomy Podcast to discuss California’s Electric Future.The conversation begins with a discussion about California Governor Newsom’s executive order to phase out gasoline-powered cars. Why this was politically savvy to appeal to the climate front, but the uncertainly that this will cause around the economics as an electric vehicle costs on average 30% more than a gasoline-powered car.Grayson and Russ go onto discuss why this might create a grey market for gasoline-powered cars and what the supply chain for electric vehicles currently looks like in the Congo and China.Following on this topic, they go onto discuss the conditions in which these minerals are mined, and if consumers will take the same active approach to blood cobalt as they took to blood diamonds and demand ethical mining.Russ who lives in Berkeley, CA says that his friends who drive electric vehicles have not even thought about the ethical mining of cobalt. Companies are currently focused on shoring up the mineral supply chain at the moment.While the supply chain and the ethical mining of minerals for electric vehicles remain a concern, the bigger question still remains: “How do you recycle electric vehicle batteries”. Grayson and Russ go onto to discuss this issue and how EV batteries can be reused for backup batteries for homes.In California, Toyota and Honda were the top two selling brands in 2019, accounting for over 30% of all new vehicles sold in the State. Grayson and Russ go onto discuss why Toyota and Honda have to start investing in fully-electric vehicles today to not lose market share in California when new gasoline-powered car sales are banned.In the late 2000s, the Toyota Prius was the “It Car” when it became a Hollywood status symbol thanks in-part to Leonardo DiCaprio who was driven to the 2008 Oscars in a Prius. Not to mention the thousands of photographs of him driving around LA in the car.Today, Toyota no longer has the “It Car”, but they popularized the idea of driving an environmentally friendly car. The current “It Car” is Tesla.While California may be on the edge of emerging trends, consumers are still not sold on electric cars. Only 2% of the 17 million light cars and trucks sold in the United States in 2019 were electric.Could this be due to charging and charge time? Grayson and Russ discuss why consumers want to charge quickly and efficiently. This conversation raises the question, can the energy grid handle an increase in new electric vehicles?With new electric vehicles coming on the market, Grayson and Russ discuss what the market would look like without Tesla’s Model 3. They go on to discuss how Elon Musk built Tesla into a brand that is a lifestyle choice for millions of individuals.Grayson goes onto discuss how Elon Musk captured the public’s imagination that an electric can be cool, part of your lifestyle, accessible and approachable.This evolved into a deep conversation about Tesla and what Elon has to do to continue to dominate the public’s imagination on electric vehicles. While the public’s imagination is important, quality control is even more important.Wrapping up the conversation, they discuss the current state of the electric vehicle market and when brands such as Porsche, Land Rover, and Mercedes will make their big moves to gain EV market share from Tesla.Recorded on Tuesday, October 6, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Oct 13, 2020 • 50min

Episode 11 | Innovation Improves Lives

Jesse Blumenthal, Vice President, Technology & Innovation, Stand Together and Director, Technology & Innovation at the Charles Koch Institute joins Grayson Brulte on The Road To Autonomy Podcast to discuss how innovation improves lives.The conversation begins with a discussion around innovation in society and the positive impacts it has had throughout history.Innovator used to be basically a synonym for a heretic. An innovator meant someone who challenge[s] the King or challenged the Church. – Jesse BlumenthalAs more individuals are able to try new things, there are more attempts at innovation which has a positive impact on society. Following on this trend, the conversation expands to platforms and how they grow knowledge in society through access to information.Today billions of individuals around the world access information through a simple search or a scroll of a newsfeed. But in 1992, that was not the case as only 10 million individuals around the world had Internet access. In 1994, only 24% of Americans had a computer at their home.During the Clinton Administration, President Clinton and Vice President Gore encouraged the private sector to lead on the internet and develop technologies that will help usher in the “New Economy”.It is the policy of the United States that the private sector should lead on the internet. Internet innovation should be lead by the private sector and not the public sector.During the mid-’90s, consumers did not have a credit card on file. There was a healthy level of skepticism about doing business online. This all changed when the Clinton Administration stepped up and lead on innovation.Staying on the topic of policy and innovation, Grayson and Jesse discuss the AV Start Act and why a national framework for autonomous vehicles is needed. Individuals do not think about driving from Boston to New Hampshire, but without a national framework, they will have to as the autonomous vehicle will not be able to travel over State lines.While there is the national issue of an autonomous vehicle framework, there is the California State issue of Prop 22 and AB5. AB5 came to be law because of special interests and their desire to curtail the rapidly growing gig economy.While special interests and the politicians who they back are trying to slow down innovation, entrepreneurs across America continue to innovate and look to the future.Tech Moves Faster than Government and that is a good thing. – Jesse BlumenthalStaying on topic. Grayson and Jesse discuss the politics of ride-sharing, the gig economy, and the economic impact on society. The gig economy gives individuals flexibility and voters value flexibility.With voters valuing flexibility, they also value their privacy. Apple has clearly demonstrated that consumers value privacy. While this approach works for Apple, it might not work for other companies.Apple’s approach to privacy will benefit the company if and when they decide to introduce an autonomous vehicle service.Closing out the conversation, Grayson and Jesse discuss what can be done to ensure that America continues to lead on innovation. Innovation that will improve lives and create new opportunities for entrepreneurs to build companies with outcome-based approaches.Recorded on Tuesday, September 29, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Oct 6, 2020 • 48min

Episode 10 | Global Perspective on Mobility and Cities

John Rossant, Founder & CEO of Commotion and Chairman of the NewCities Foundation joins Grayson Brulte on The Road To Autonomy Podcast for a global conversation about mobility and cities.The conversation begins with a discussion around public transportation in Paris, New York, and Los Angeles. Grayson and John discuss the culture of cities and why this is one of the main defining factors of how and why public transportation is used in cities around the world.From a discussion around culture and public transportation, Grayson shifts the conversation back to Paris where John started his career as the Europe Editor of BusinessWeek. While in the City of Lights, John saw the oncoming decline of print and joined the Publicis Groupe after a meeting and long negotiation with Maurice Lévy.After several years of leading communications and public affairs, John became Executive Chairman of PublicisLive, producer of the annual World Economic Forum in Davos, Switzerland. John shares his insights into Davos and how logistically challenging it is to put on the World Economic Forum each and every year.Putting that all together is like putting a man on the moon in terms of complexity. – John RossantStaying on the theme of the World Economic Forum, Grayson asks John to share his thoughts on the 2021 WEF Theme; “The Great Reset“. John shares his thoughts on what a dense urban environment will look like in a post-COVID world.The conversation veers into a conversation about travel and virtual reality. John believes the future will be defined in a metaverse world. Grayson follows up by asking John about what impact a metaverse world will have on cities.I find the idea of putting on a headset and walking down a canal in Venice in a three-dimensional way is pretty interesting. – John RossantKeeping with a global flair, the conversation shifts into Saudi Arabi where Crown Prince Mohammad Bin Salman Al Saud is developing a city for the 21st Century with 21st Century technology from the ground up called NEOM.NEOM imagines a city that does not have to built around the motor car. In fact, there won’t be a place in NEOM for the individually owned motor car. – John RossantThe idea of NEOM is to build a city from the ground-up that takes into account two of the big mega-trends of the modern world: mobility and energy.Combining all of John’s career experiences, John and Grayson discuss the founding on CoMotion and why John chose to build the company in LA.If LA could change, any city could change. – John RossantStaying on the theme of LA, they discuss what LA will look like in the future and the role Urban Air Mobility will play in moving goods and individuals around the city.With the 2028 Summer Olympics coming to LA, they discuss what transportation will look like for spectators who come to LA to enjoy the experience of watching the Olympic Games in-person.Wrapping up the conversation, John shares his vision on the future of mobility and cities.Recorded on Tuesday, September 15, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Sep 29, 2020 • 47min

Episode 9 | Privacy-First Approach to Mapping

James Wu, CEO & Co-Founder of DeepMap joins Grayson Brulte on The Road To Autonomy Podcast to discuss mega-trends, high-precision maps, and DeepMap’s privacy-first approach to HD Maps.In this episode, Grayson and James discuss HD mapping and how HD maps are enabling all SAE Levels of autonomy. The conversation starts with James discussing why he founded DeepMap with Mark Wheeler in 2016 and the opportunity they saw in the market to increase HD map efficiency.The self-driving car problem is really hard. Hardest of all is driving without a map. It is an unsolved problem today. - James Wu, CEO & Co-Founder, DeepMapWithout a highly accurate map that updates in real-time, self-driving cars do not have a prior understanding of the environment. Self-driving cars use HD maps to increase efficiency and safety.A 2019 Harvard Business School Case Study on DeepMap detailed the following:Self-driving is not just a technology challenge. It’s also an economic challenge, an infrastructure challenge, a public safety challenge, and a marketing challenge.  This challenge is shared amongst every organization working on self-driving technology. DeepMap is betting big on the trend towards a self-driving future. We firmly believe mapping is critical for increased safety and reliability, at an affordable cost.James Wu, CEO & Co-Founder, DeepMap as featured in the Harvard Business School Case Study: DeepMap: Charting the Road Ahead For Autonomous Vehicles (2019)It is not just Harvard Business School that is taking notice, Wall Street is also paying attention. Goldman Sachs invested in DeepMap as part of its Series B round in 2019. James speaks about what it is like to have Goldman Sachs as an investor.[Goldman Sachs] is able to offer us a broader of the global market for autonomy. They also provide support for strategic partners. - James Wu, CEO & Co-Founder, DeepMapThe investment in DeepMap was not Goldman Sachs’ first investment in autonomy. In 2007, Goldman invested $100 million in Mobileye. Mobileye was later acquired by Intel for $15.3 billion in 2017.DeepMap’s mapping service provides a solution for all levels of autonomy.We must get L2 + right if we are going to reach Level 4 or 5. - James Wu, CEO & Co-Founder, DeepMapHD Maps enhance the safety and reliability of Level 2 autonomy for drivers around the world. The conversation then naturally evolves into how to create an HD map and how the map updates in real-time.Bringing the conversation back to the business of mapping, Grayson asks James why he made the decision to focus on privacy by allowing DeepMap’s customers to own the data generated by DeepMap’s HD mapping service.Closing out the conversation, Grayson asks James what the future holds for DeepMap.Recorded on Tuesday, September 22, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Sep 22, 2020 • 40min

Episode 8 | Culture of Safety and Innovation

Chuck Price, Chief Product Officer, TuSimple joins Grayson Brulte on The Road To Autonomy Podcast to discuss TuSimple's culture of safety and innovation.In this episode, Grayson and Chuck start by discussing the economics of applying autonomy to fleets of trucks. Grayson asks Chuck if TuSimple ever considered creating a self-driving car.In the founding of TuSimple, Chuck discusses why the founding team focused solely on trucking from day one. The team saw a difference in the economics of self-driving trucks.We did see a difference. We saw that there were specific economic pain points in trucking. Robotaxis were solving a problem that didn't appear to exist.It was a fantasy, it was science fiction. It was a future were cities did not have to have individually owned cars. Where parking issues would be resolved. This is a grand vision without clear economic drivers. - Chuck Price, Chief Product Officer, TuSimpleThe conversation then veers into the universal driver debate and the great pivot to self-driving trucks from self-driving cars. Chuck shared his open and honest opinion on the universal driver.I do not believe there is such a thing as a universal driver. It's a marketing term. - Chuck Price, Chief Product Officer, TuSimpleWrapping up the conversation around the economics of self-driving trucks and why the universal driver is not the correct approach, the conversation shifts to TuSimple's culture of safety and innovation.TuSimple has a corporate culture of safety which they call 'SafeGuard". SafeGuard applies to every single employee in the company no matter what their job function or title is. From the individuals working on the trucks to the engineers writing the code to the executives leading corporate strategy, each and every employee is measured on their contribution to safety.What Did You Do To Contribute to Safety? - Chuck Price, Chief Product Officer, TuSimpleSafety is built into every aspect of what the company does, from the office to the depots to the on-road deployments. Drivers and safety engineers (Left and Right Seaters) go through six months of formal training before they are even able to touch the autonomy in the truck. Each and every safety driver goes through a drug test prior to being allowed in the vehicle.TuSimple treats it's drivers as Blue Angels as the company requires them to operate at the highest ability at all-times. When drivers and safety engineers leave the depot, they are monitored in real-time with in-cabin monitoring and drive cams to ensure the highest level of safety.The culture of safety and innovation is attracting partners such as UPS, Penske, U.S. Xpress, and McLane Company Inc. to work with TuSimple. As TuSimple scales, the company is working with Navistar to develop SAE Level 4 self-driving trucks at the factory which are safety certified.Rounding out the conversation, Grayson and Chuck talk about the economics of self-driving trucks and how TuSimple Self-Driving Trucks can show an ROI after the first 24 months of purchase. Recorded on Tuesday, September 8, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Sep 15, 2020 • 48min

Episode 7 | Brands, Experiences and the Future of Mobility

Pete Bigelow, Senior Reporter, Automotive News, and Host of the Shift Podcast joins Grayson Brulte on The Road To Autonomy Podcast to discuss brands, experiences, and the future of mobility.In this episode, Grayson and Pete explore how autonomous vehciles will create new opportunities for brands to develop and curate bespoke frictionless experiences.From sports to outdoor adventures to luxury experiences, in the future, you will no longer have to worry about forgetting to pack an item for your trip.If you are taking a branded self-driving car to a football game, the vehicle will be stocked with all of the items you need for tailgating experience. No more worrying about who will be the designated driver, no more worrying about traffic or who is going to go to the store. The entire experience will be managed by the sports team.Continuing on the brand theme, Pete and Grayson discuss how FCA created shareholder value by spinning out Ferrari as a publicly traded company. The conversation then veers into the value of the JEEP brand and if FCA might spin JEEP out as a separately publicly traded company as well.Could FCA make the decision to spin-out JEEP and then announce and all-electric JEEP to capture the market’s excitement for electric vehicles and better position the company to compete with Rivian?The conversation then evolves into a deep dive discussion around electric vehicles, the EV supply chain and the current state of the EV market. What automaker will make the most strategic move to capture market share? Did GM outmaneuver Ford on electric vehicle strategy? Pete and Grayson debate and discuss EV strategies and how these strategies will effect the future of autonomy.Rounding out the conversation, they discuss the industry’s desire to have passengers face each other in SAE Level 4 autonomous vehicles. Where the autonomous vehicle industry is heading and what the future holds for autonomy.Recorded on Monday, September 7, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy podcast and This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Sep 9, 2020 • 41min

Episode 6 | California's Prop 22

Mike Murphy, Political Strategist and Co-Host of Hacks on Taps joins Grayson Brulte on The Road To Autonomy Podcast to discuss the political implications of California's Prop 22 on the rideshare industry and the gig economy.In this episode, Grayson and Mike dive deep into California politics, as Mike pulls back the curtain on how a referendum campaign is managed. While trends fashion trends might start in California, political trends also start there and spread across the globe.With the introduction and passing of AB5 in 2019, politicians in California declared war on jobs and the gig economy. Prop 22 is on the ballot for November 2020, which would define rideshare and delivery drivers as independent contractors.As we dive deep into policy, Mike discusses how political consultants are in the back-channel discussion business. The fine line they walk before scrambling to launch a political initiative.This is why it is always a smart idea to play tough from the beginning. It saves, time, headaches, and money.Recorded on Monday, August 31, 2020--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Listen to the best highlights from the podcasts you love and dive into the full episode