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> They also suggest Alphabet nix Waymo, citing "enthusiasm for self-driving cars has collapsed" and it's "unlikely to achieve profit in the short term". I susp
by everforward 4y ago
> They also suggest Alphabet nix Waymo, citing "enthusiasm for self-driving cars has collapsed" and it's "unlikely to achieve profit in the short term".
I suspect regulatory hurdles and public opinion are an issue they foresee, and would rather let someone else develop the tooling, change public opinion and fight the regulatory issues. Then they can either catch up (leveraging information about how a competitor works), or they can buy someone else out at a cost lower than developing it themselves.
I think the Tesla and Uber incidents have lowered both public and regulatory acceptance of self-driving vehicles, and Google sees it as an uphill fight to change that even if they were at a point to launch their product.