2024-05-16 10:33:06 ET
Summary
- Waymo now provides 50,000 paid autonomous ride-hailing trips per week, proving the viability and acceptance of its technology.
- Waymo's autonomous driving technology has lower accident rates compared to human drivers, demonstrating its safety.
- The market acceptance of autonomous ride-hailing services is evident with thousands of people using the service and Waymo expanding to new cities.
- This milestone has implications for GOOG, GM, UBER, and LYFT investors.
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Why Waymo's 50,000 Autonomous Ride-Hailing Trips A Week Is A Big Deal