I was talking with someone visiting from Florida the other day and they were talking about how Waymo is slurping money that would have otherwise stayed in the local economy. E.g. you pay an uber driver, the uber driver pays the grocery store, etc. This is something that had never occurred to me since I love taking Waymos here in the bay area. I guess Waymos operating in Florida need local labor to maintain and clean…
For sure , this is gonna kill driver jobs and/or lower their wages due to the increased competition. The upside is cheaper mobility for everyone - in general tech like this should have a deflationary effect (We're still not seeing this enough). Think robots building an entire city in months/couple of years instead of a decade, that would cheapen housing dramatically. We're obviously not there yet.
The reason I say Waymo specifically is that I don't think it's well appreciated the tech advantage Waymo has by using Google's unequalled geospatial data. Elon keeps claiming that Teslas will do the same thing much cheaper and everywhere, but there's no actual evidence that that is possible. Grinding out larger and larger service areas in more cities is likely to be the way automated rides expand for the next several years.