Imagine future driverless cars

Imagine future driverless cars

Imagine a place where driverless cars roam the streets, intelligent electricity grids regulate the power and everything is built from the ground up to the specifications of the ideal “smart” city.

This idealised place has been getting a lot of attention in Silicon Valley of late. Y Combinator, the region’s best-known tech incubator, is the latest to dream, announcing a research projectaimed at

stimulating ideas and designs that it hopes to use in a real-world location.

It is far from alone. From Google co founder Larry Pageto libertarian venture capitalist PeterThiel,

ideas like this have had plenty of currency. Y Combinator says it wants to to speed up theadoption of technologies for ordinary people, not just build “crazy libertarian utopias fortechies”.

This hankering is prompted by more than a passing bout of California dreaming. It reflects adeeper issue that the tech industry faces as it moves into a new phase — and one that willhave real-world

implications for investors.

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