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by willsmith72 975 days ago
isn't that just because the waymos are still funded by VCs? an uber might've been the same 10 years ago, but now they've achieved world domination it's time to make a profit
1 comments

Waymo is fully owned by a public company. Economically they are indistinguishable from Uber (other than having a huge ad profit center to subsidize them). What VCs are you referring to?
It's still in the R&D phase though. It's not out there to make a profit like Uber or Lyft.
Waymo is definitely in the phase where they want to form a positive impression on all fronts: safety, convenience, price. Once widespread, it's possible that they'll charge more than Uber because of the extra privacy and safety in a Waymo ride.
Not to mention that Waymo will have to own their fleet and can't quietly pass depreciation costs onto their drivers like Uber does.
>Once widespread, it's possible that they'll charge more than Uber because of the extra privacy and safety in a Waymo ride.

It's possible, but I don't think it's something you can assume. Having to pay for a chauffeur isn't cheap, and that's what you're doing with Uber. A robotaxi avoids that cost since it drives itself.

Engineers are significantly more expensive than chauffeurs, especially since the chauffeurs get paid roughly minimum wage - or less. I too am very curious where pricing settles out.
Eventually when Waymo is deployed globally the expensive upfront engineering will be absolutely dwarfed by the cost savings of not having drivers.
Only if there is one engineer per car
Litigating accidents will cost more because suddenly it's not "partner" at fault but your own people. Also, someone's gotta buy that new yacht somehow...
Uber was trying the "there can be only one" approach of operating at a loss to squeeze out competitors on both sides of their business model. The pandemic and other factors disrupted that plan. So now they are scrambling for profit while not having being configured for it.