Mobileye's (MBLY) Autonomous Drive: Navigating the Road of Innovation and Skepticism

Based on the collective wisdom of engineers and futurists, electric vehicles will eventually represent the standard for personal mobility and transportation. And to go a step further, autonomous EVs will propel this forward-looking paradigm. Of course, such a notion bodes very well for Mobileye (MBLY), an autonomous driving specialist that Intel (INTC) acquired, only to spin it off in an initial public offering last year.

However, some cracks are starting to appear in the vaunted armor of the autonomy industry. Fundamentally, experts pitched autonomous driving technology as a means to promote better safety on our roadways. While humans are incredibly adept to adapting to new situations, they’re also obviously prone to error. Plus, they get tired, cranky or in the worst cases come under the influence, which may lead to devastating results.