AV hype cycle

And where we are now

Source: Dez

The autonomous vehicle (AV) hype cycle has been a rollercoaster ride over the past few years, with excitement and anticipation surrounding the potential of self-driving cars. As we’ve moved through the various stages of the cycle, from inflated expectations to disillusionment, we now find ourselves progressing towards a more grounded understanding of the technology’s future. In this blog post, we’ll explore the autonomous vehicle hype cycle and evaluate where we are today.

The Hype Cycle: A Brief Overview

The hype cycle is a concept created by Gartner, a leading research and advisory company, to represent the typical progression of a technology from inception to maturity. It consists of five stages:

1. Technology Trigger: A new technology emerges, igniting interest and early-stage investment.
2. Peak of Inflated Expectations: Media hype fuels unrealistic expectations, leading to a flurry of investment and development.
3. Trough of Disillusionment: Initial setbacks and challenges result in failed projects and reduced interest.
4. Slope of Enlightenment: The technology begins to mature, and practical applications emerge, demonstrating its true potential.
5. Plateau of Productivity: The technology becomes widely adopted…