Is there a conclusion that the taxi service kind of works and just needs to fix a few minor issues around the edges fixed to work in limited city use in many cities, or is it so far away it's not even close?
It definitely works. I was in one just yesterday for over a half hour and it’s a pretty smooth thing, and in some ways better than a human driver (e.g., always yields to pedestrians entering a crosswalk, never exceeds speed limit,etc.) But both Waymo and Cruise lose money on every ride. All the sensors and on-board compute are expensive, and also the R&D, and the 3D maps. Both services rely on detailed 3D maps of the…
I think we need to split this into fixed vs variable costs. It's hard for me to believe that the sensors+compute is more expensive than a human. Those sound like the variable costs. I'd be surprised if selling an additional ride causes e.g. Cruise to lose a bit of money, but I'd love to be corrected.