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by nerdsniper 148 days ago
Those all eliminated the work so that no one had to pay for it anymore, which freed up that money to be spent elsewhere in the local economy. Waymo is not cheaper than Lyft/Uber. So it's more of a direct wealth-transfer than the most cursory analogies were.
2 comments

If Waymo is not cheaper, I don't see how it replaces Lyft/Uber. I imagine that not having to pay drivers and the deal with the associated liability, will eventually be cheaper so will free up money.
Eventually, it will be General Motors, Ford etc. who are getting their revenue streams obliterated by self-driving vehicle.