[shimon]

This is a great description of what Waymo is doing, and why Honda/GM etc. don't want to become a commodity provider (thus letting Waymo capture most of the value).

From Waymo's perspective, that's exactly the scenario they want. Focus all your resources on developing a tech advantage that others can't match, and have others in the ecosystem serve the lower-margin stuff.

If this sounds familiar, recall Google Search and Web Content.