That's at least 3 product generations and tens of billions in capex away. Uber provides 28 million rides per day. Waymo is somewhere past 100,000 per week and g

That's at least 3 product generations and tens of billions in capex away. Uber provides 28 million rides per day. Waymo is somewhere past 100,000 per week and growing fast, but that's still something like 0.05% of Uber's volume. Waymo is spending billions to expand right now, which shows confidence in the tech and that overhead for remote monitors, charging depots, cleaners, and CSAs is sustainable. If Waymo can scale up 40X That could get them to 2% of Uber, but let's be generous and say Waymo availability can be a fairly aggressive 3X of an Uber driver, so that's 6%. If my math is correct, assuming very little in free cash from from operations, that's plausible with the recent $5B investment announcement. I also expect pricing will remain a bit above Uber until some tipping point is reached in terms of building the vehicles and sensors scales up. Waymo would go from hundreds, maybe low thousands of vehicles now to tens of thousands.