A recent analysis by Obi reveals that Waymo's self-driving car rides are pricier than those from Uber and Lyft, averaging $20.43 compared to $14.44 for Lyft and $15.58 for Uber. The data, collected in San Francisco over a month, challenges the notion that robotaxis will offer cheaper transportation due to high usage and lower labor costs. Despite this, Waymo reports high demand, providing 250,000 paid trips weekly. Obi's analysis underscores consumer willingness to pay more for autonomous rides, indicating excitement for the technology, despite its higher costs.
"Colloquially, there is an idea that autonomous vehicles are something that will erode driver jobs and put drivers at risk. And I think the irony of what we've seen is that it's actually quite expensive to run an AV, and that that's not going to be happening, at least in the near term."
"I didn't expect consumers being willing to pay up to $10 more. I think [that] speaks to a real sense of excitement for technology."
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