Driverless

2019 is expected to be the year of the unicorn on Wall Street. A number of privately held companies valued at more than $1 billion are expected to launch initial public offerings in 2019. Lyft filed its S-1 registration statement to go public on March 1. Lyft has consistently lost money on operations, but its chief executive officer John Zimmer has long suggested that deploying autonomous vehicles will reduce their operating costs dramatically, leading to big profits. Lyft has started limited autonomous operations (level 4) in several cities, including Las Vegas. In addition to battling for market share in the United States, Lyft face strong competition globally since there are limited barriers to entry. Host Zach Adams discusses the future of autonomy and ride-hailing with a new voice, Raven Taylor, intellectual property lawyer Jay Campbell and business attorney Tod Northman.