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Thursday, December 29, 2005

Who's running GM?


GM is banking on MIT's "Cars of the Future"--tiny, two person, non-polluting rides which are shared by citizens of a city and can "attach" themselves to public transportation devices. Two obvious problems: 1) No one in their right mind would get into one of these things after the rest of New York City or Chicago has parked their bums there (at least there's a community check on public transportation vehicles--people are watching you to ensure you don't perv off in the middle of the bus) and 2) cities are becoming largely less centralized, decreasing the need for cars as powerful as sowing machines. Another brilliant move by GM: invest heavily in technology that will come to fruition--at best--20 years after you declare bankruptcy.