Oxford's robot car uses cameras and lasers instead of expensive 3D sensors and GPS
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unlike Google's self-driving car, the British vehicle doesn't rely on an expensive LIDAR sensor. Instead, Oxford's RobotCar relies entirely on scene recognition (from cameras and lasers), matching live imagery with a preexisting database to figure out where it is, where to go
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It could be only 15 years before self-driving systems become commonplace in cities as the price of installing the systems drops: "At present it costs about £5,000, but we're working to reduce that to £100," he said.