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Re:Privacy Implications for OpenStreetView by maxerickson on Tuesday August 23, 2016 @11:31AM (#12344519)
They fixed that bug: https://news.ycombinator.com/item?id=12331769

Mapillary has been able to recover 3d structure in areas with high photo density:

http://blog.mapillary.com/update/2015/11/10/pointclouds.html

That's still a long way from merging the photos into a coherent view, but you quickly start to be able to 'look around'.

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