As I understand it, whatever it costs, is strictly less than the market dynamics of providing the ride today.
There is probably some market equilibrium where they could reasonably provide <5 minute pickups for waymo users that would both cover the cost of the automobile and still be less than the price of an uber today.
There is probably some market equilibrium where they could reasonably provide <5 minute pickups for waymo users that would both cover the cost of the automobile and still be less than the price of an uber today.