They're all testing and deploying self-driving cars on public roads -- what promises to be the next frontier in the ultra-competitive auto industry. As for automated news feeds, a startup called Jinri Toutiao, or "Today’s Headlines," currently dominates the market, with its 33-year-old founder Zhang Yiming recently becoming one of the youngest billionaires ever on the FORBES China Rich List. Safety-wise, Baidu said it hasn't had an accident since it started the autonomous driving project in 2013, but declined to reveal total miles of road tests conducted. “The goal for fully autonomous cars is one accident or computer interference per 10 million kilometers, or 100 times safer than a human driver,” Deng said. These are all favorable factors for autonomous cars.”

Source: Forbes November 23, 2017 03:22 UTC