By Brett Schafer – Jun 1, 2023 at 8:21AM
After going through a textbook technology hype cycle, the promise of autonomous vehicles has finally arrived.
The relationship between new technologies and investors can be summed up by a term known as the Gartner hype cycle.
Tracking investor sentiment in relation to disruptive forces, the Gartner hype cycle says that when a new technology arrives, investors at first get irrationally excited about its potential and then disregard it when the ideas don't immediately result in concrete market opportunities. Then, when the technology finally does arrive in a business-driving way, it is barely covered in the news and gets little attention from investors.
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