There are many reasons why a conglomerate like Alphabet doesn't want to hold all of that directly on the balance sheet, which is why Waymo is run as a subsidiary with its own sources of capital.
When I was at Uber 10 plus years ago and we were ideating autonomous vehicles. The general consensus was that we would run the technology platform and private equity would own fleets of cars built and operated to our specification.
Waymo has concluded either we are too early in the journey to decouple the tight vertical integration or they want to go very big and own all of the capital expenditure for what will presumably be a global rollout ultimately.
For anyone like me with a finance and technology crossover interest I actually think this is as interesting, maybe more interesting, than the private equity play around data centers at the moment because all of that is constrained against chip delivery and power constraints.
Can you tell us those reasons? I think this is basically _the_ question.
would you agree that LLMs make developer stupider?
edit: answer my question
edit: a lot of articles like this have been popping up recently to say "LLMs aren't as good as we hyped them up to be, but they still increase developer productivity by 10-15%".
I think that is a big lie.
I do not think LLMs have been shown to increase developer productivity in any capacity.
Frankly, I think LLMs drastically degrade developer performance.
LLMs make people stupider.
Like the DMV is actually checking Waymos map of a new area is good to go or not. Its just administrative burden.
> like i get having a pilot somewhere but once that goes well (and we're way past that point), why isn't it just blanket approval everywhere.
Because “everywhere” isn't a uniform domain (Waymo is kind of way out in one tail of the distribution in terms of both the geographical range and range of conditions they have applied for and been approved to operate in, other AV manufacturers are in much tinier zones, and narrow road/weather conditions.) And because for some AV manufacturers (if there is one that can demonstrate they don't need this, they'd probably have an easier lift getting broader approvals) part of readiness to deploy (or test) in an area is detailed, manufacturer specific mapping/surveying of the roads.
Will give these a try. These are exciting times, it's never been a better time to build side projects :)