Somewhere between one half to two-thirds of all adult consumers in the U.S. lack a basic understanding of what compound interest is.

The FT reports that Uber is preparing to launch autonomous cars in San Francisco that will carry paying passengers.  The Uber cars will have a person sitting in the driver’s seat to monitor performance and intervene if necessary, but the car will be self-driving and will collect passengers via the Uber app.

I had been hearing about autonomous cars for some time, but as they say: “Seeing is believing.”  This is a technology sector that has attracted massive capital and is developing at light speed.