Thursday, September 27, 2012

New home sales down - Driverless Cars!

Here is an update on new home sales, down in August, but the market is different now speel, http://finance.yahoo.com/blogs/daily-ticker/home-sales-slip-time-different-corelogic-chief-economist-160034104.html.  This is nation-wide, of course, and while I am a firm believer that the housing market here in Silicon Valley is doing well, I would be leary of statements like "its different now" and future looking predictions.

More exciting, though, is Bob Lutz's statement that all cars will be driverless in 20 years, http://finance.yahoo.com/blogs/daily-ticker/cars-driverless-20-years-bob-lutz-133826028.html, which was the story linked as previous to the above story.  While being a bold prediction, there is definitely data to show the trend and there are such obvious benefits that it seems like a given to me.  The biggest obstacles are likely to be those of us that actually enjoy driving.

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