Uber seeking to buy self-driving cars: source
I am reminded of Lucent, who built the best hardware for the end-user ISP market in the form of the Ascend MAX TNT, which would terminate a DS3, break it into individual dialup lines, and handle all of them as modem calls. Cool stuff.<p>It&#x27;s just that they sold all this stuff to ISPs who didn&#x27;t have any good credit lines, so Lucent extended them credit (bing! interest payments!) using the MAXen as collateral.<p>When the ISP dialup market collapsed, the ISPs returned the equipment in lieu of payment. That equipment had no value whatsoever, because anybody who wanted one and could afford one already had two.<p>Presumably there&#x27;s some sort of secondary market for cars -- but a hundred thousand black S-Class is about what they&#x27;ve sold in the US over the last 7 years combined.