[ghaff]

The IRS allows a 50 something cents per mile business expense deduction. And if you run some numbers that’s a pretty good ballpark for the cost of operating a car.

[pastage]

Considering they think Waymo might get prices down to 65-95 cents per mile with fully matured tech that seems like good number.

[bumholio]

Considering that's more than a cab costs in some European countries, driver included, I would say we aren't talking about commodity tech, but a highly profitable initial phase.