SoftBank’s Son expects mass production of driverless cars in two years

Son, who made his name for investing early in startups such as China's Alibaba Group had said he will continue to take stakes in public companies he thinks are frontrunners in the artificial intelligence (AI) race. — Reuters

STOCKHOLM: SoftBank Group Corp chief executive Masayoshi Son said on Friday he expects mass production of self-driving vehicles to start in two years.

While in the first year the production of units won't be in millions, in the next several years the cost per mile in fully autonomous cars will become very cheap, Son said, speaking at a virtual meeting of the World Economic Forum.