Waymo: Google's self-driving car company
I&#x27;m interested to see where all the major players end up in 5yrs:<p>• Tesla bootstrapping a ride service on the backs of buyers<p>• Waymo directly rolling their own fleet<p>• Uber trying to get a self-driving fleet up, burning mountains of money to maintain their &quot;monopoly&quot; on Uber for rides<p>• Lyft working with GM to get a fleet up<p>• All of the other car manufacturers trying to get autonomous vehicles going, presumably hoping for consumers to still want to own a vehicle rather than just pay $1 to get a ride<p>So: How much is Uber&#x27;s market share worth? I suspect it&#x27;ll evaporate overnight in every market where another service has autonomous vehicles and they don&#x27;t.<p>Also: Private car ownership is going to fall off a cliff shortly after autonomous ride services arrive. Which probably means general demand for vehicles will fall off a cliff.<p>I predict blood on the walls.