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Autonomy Is Real Now

4 hours ago
  • #Autonomous Vehicles
  • #Waymo
  • #Electric Vehicles
  • Autonomous vehicles (AVs) are now a reality, despite earlier overestimations of their near-term impact, following Amara's law.
  • Waymo, a leading AV company, has demonstrated through a study of 25.3 million rides that AVs are approximately ten times safer than human-driven vehicles.
  • Waymo is expanding to cities like Austin, Atlanta, and Miami, with increased production and a fleet of over 2,000 vehicles, leveraging data for continuous improvement.
  • The economics of AVs involve high initial costs (e.g., sensors and hardware around $200,000), but they are already cheaper per mile than traditional taxi or rideshare services due to eliminating human labor.
  • Autonomy favors electric vehicles (EVs) due to lower operational costs, higher utilization rates, and efficiency gains from powering sensors and computing systems, with Waymo's fleet already being fully electric.