I’m looking forward to the day when the cost of taking one of these falls to somewhere 20% above the cost of fuel and wear and tear on the vehicle, making it incredibly cheap to take a ride anywhere you’d reasonably want to be driven to.
How do you know it isn't already at that price? Uber estimated that it costs Waymo $2/mile to operate. Google says they charge $1.60 to $2.60 a mile, depending on location and demand, so Waymo is already almost certainly at the price you claim you'd be taking it. I think you dramatically underestimate how much it actually costs to operate a car. Most people think they pay $0 to garage their car, for instance, since t…
And on the other hand, each Waymo parking spot is probably a lot cheaper per unit time than 250 square feet inside a house in a residential area. And presumably they need a lot less than 1 parking spot per car.
> Here's one attempt at costs for Waymo that finds it costs them about $60,000 a year to operate a single car.
Doesn't that sound cheap? If a car can average 10 rides per day, that's $16 per ride.