> The work on self-driving cars would not be done if there were not a way to profit from it. If it isn’t expected to earn more than it costs, it wouldn’t be done.
I disagree. "Expected" is hiding a lot of the work there, and the reasons for that expectation could be rational or completely irrational.
Hypothetically "work on self-driving cars" would be done if some crazy psychic-trusting billionaire's psychic told him they would be profitable, even if all rational analysis said they'd be a bad business. A lot of major investments, especially in tech, and done based on hope or as a bet, not due to any real foresight.