silvr 2 days ago

Minority view here I'm sure but maybe profits are a just reward for inventing the future - this is literally science fiction come to life

  • MegaButts 2 days ago

    Self-driving cars are cool but I'd rather have good public transit. These vehicles clearly have utility beyond just public transit, but I'd rather they be an edge case rather than considered a main solution. So yeah, from my perspective the problem is being focused on profits instead of trying to solve the real problem with solutions that have already existed for decades.

    If you zoom out a bit, your argument would be more-or-less the same when regular automobiles were replacing the functioning transit systems in the USA, specifically in LA.

    • AlotOfReading 2 days ago

      I've never really understood this "improve public transit instead of autonomous vehicles" argument. They're two entirely distinct funding sources. Nothing is preventing us from improving public transit except the same things that always have.

      • chipsrafferty 2 days ago

        It's an argument that we should fund public transit more. What's hard to understand?

        • AlotOfReading 2 days ago

          Obviously funding public transit is good, but people usually phrase funding arguments as zero sum tradeoffs. You wouldn't write "bookstores are cool, but I'd rather have public transit", because there's no trade-off there. I'm assuming the OP actually meant something by writing their post the way they did.

      • oblio 2 days ago

        People funding autonomous driving will obviously lobby against increased funding for public transit and they will also fund demonizing public transit.

        Look at Musk and Vegas. The vast majority of mass transportation in Vegas should be handled by actual public transit, most likely high speed rail from LA and light rail along the Strip to downtown Vegas and a few other places.

        Instead Vegas has a silly monorail, a few buses that don't even get dedicated bus lanes on 8+ lane stroads and something stupid like, dunno, 20 daily flights from LA. Plus Musk setting up tunnels or hyperloops or other stupidities.

      • Nasrudith 12 hours ago

        It seemed to me to always have been a goalpost relocation. The talking point wasn't even a fringe view beforehand and if anything would be taken as an obvious diversion from those who are big-oil aligned. Instead it was first seen when electrification of transit was achieved by capitalism.

        The watermelons simply couldn't accept that, it went against their article of faith that capitalism is responsible for all of the world's problems and could not provide any solutions. IF there is one thing that makes them the most angry it is solving problems without going to their preferred political alignment. So they all downloaded their latest talking points and reprogrammed themselves and declared that electric car's only purpose is to save the auto industry in spite of 48% of global transport carbon emissions coming from cars and vans.

    • robocat 2 days ago

      > Self-driving cars are cool but I'd rather have good public transit

      False dichotomy.

      Good public transport would be self driving cars as a feeder network to mass transit once the self driving tech is cheap enough.

      It could only work well as work habits change to stop having peak hours (peak usage for low-utilization self-driving cars doesn't seem likely to be economical).

    • bsder 2 days ago

      > Self-driving cars are cool but I'd rather have good public transit.

      Last mile is a PITA in the US. It is difficult to take the train from San Diego northward if you don't get there at 7AM because the parking will fill up.

      At some point, Waymo can cross over into replacing a personal car for the last mile task. Right now, it's a bit expensive: $20/ride 2 ride/day 5 days/week * 50 weeks = $10,000 per year. Purchasing your own car still makes more sense. If that were $1,000 per year? No brainer--I'd dump my car in a heartbeat.

    • balfirevic 2 days ago

      Even in cities with good public transit, it will not take me home at 3 AM, with possibly few exceptions like New York.

      • smus 2 days ago

        Even in cities with good public transit, it will not take me home at 3 AM, with possibly few exceptions like cities that have good public transit.

        • [removed] a day ago
          [deleted]
    • ghaff 2 days ago

      For many of us "good public transit" would make zero difference in our daily lives in the US. We just don't live somewhere that there will realistically be a bus stop or train stop within easy walking distance. I'm not even a long drive from a train station but it's absolutely unworkable as transportation for most purposes aside from going into the big city 9-5.

    • oblio 2 days ago

      We probably went wrong when we decided to maximize money versus maximizing happiness.

      We badly need to move beyond GDP and to at least IHDI, if not something even better.

      • nradov 2 days ago

        I can't buy food or pay my mortgage with happiness.

      • azan_ 2 days ago

        Whatever sensible measure you can imagine, it’s most likely very strongly correlated with gdp

        • oblio 2 days ago

          At some point they diverge, otherwise we wouldn't have Karnataka and the US sitting where they are for HDI rankings.

      • theamk 2 days ago

        When I moved from country where I had to use public transit to a country where I could drive, my happiness (re transportation) increased by a large amount.

        I am not sure how this relates to the whole "public transit vs cars" argument though.

        • tuna74 2 days ago

          Where was this place where you could not drive? I don't know of any such place.

  • ghushn3 2 days ago

    Why? Why is not "everyone has access" and "wellbeing for everyone" the reward for inventing the future?

    Why is "that person gets to be extraordinarily wealthy" for inventing the future rather than "we all chipped in so we could all benefit" for inventing the future?

    If Waymos make the world better and safer and more convenient, why are they not simply something we figure out how to make a public good?

    In Star Trek you didn't have to pay to take the turbolift or transporter around large spaces, everyone got the benefits of the technology.

    • Dylan16807 2 days ago

      > Why is "that person gets to be extraordinarily wealthy" for inventing the future rather than "we all chipped in so we could all benefit" for inventing the future?

      Well obviously we want a lot of the benefit to be the latter. But if you don't have some of the former, then almost no multi-billion-dollar-cost inventions get made in the first place.

      • ghushn3 2 days ago

        Yuri Gagarin was the first man in orbit, and that was absolutely a multi-billion dollar invention.

        Alan Turing didn't pursue his ideas because he wanted to get wealth beyond imagining.

        Mondragon makes billions of dollars annually, and strongly limits executive pay.

        I think it's very reasonable to assume that we can, we have historically, and currently do, make multi-billion dollar investments for the good of all. The idea that it requires some profit incentive is, imo, a pernicious falsehood.

        • Dylan16807 2 days ago

          > Yuri Gagarin was the first man in orbit, and that was absolutely a multi-billion dollar invention.

          That was government-funded. Most projects aren't that lucky. And are any governments funding self-driving cars?

          > Alan Turing didn't pursue his ideas because he wanted to get wealth beyond imagining.

          I said multi billion dollar cost. Not multi billion dollar benefit. He's not an example.

          > Mondragon makes billions of dollars annually, and strongly limits executive pay.

          Have they made any inventions that required a billion dollars or more? Ten billion?

          But you saying "makes billions" is exactly what I'm talking about. It's great that they don't pay a lot of money to executives and the workers own things. But the company invested money and the company profited. It didn't all go to making the world a better place.

          You avoid particularly wealthy people when a coop can self-fund, but the coop is still trying to profit off the result of the research. And if a risky research project ever can't be self-funded, then whatever/whoever makes the loan might make a huge profit. If that incentive isn't there, the loan doesn't happen and the research doesn't happen.

          > I think it's very reasonable to assume that we can, we have historically, and currently do, make multi-billion dollar investments for the good of all. The idea that it requires some profit incentive is, imo, a pernicious falsehood.

          It doesn't require it, but if you make it possible to profit off research then you end up with much more money spent on research.

    • Nasrudith 12 hours ago

      You are referencing fiction unironically as an argument which is a rather worrying sign for your connection to objective reality. You also don't have to worry about logistics in RTSes, but that isn't an argument for revolutionizing military strategy.

      As for why it isn't something you can figure out how to make a public good? In order for it to truly be a public good you have to either make it as one in the first place via the public sector or at very least pay a large sum of money in order to buy it out (which you have already objected to). Otherwise it is just plain stealing.

kelnos 2 days ago

Well it depends on their competition and what the market will bear. If they have competitors with a similar-quality product that is undercutting them on price, Waymo will have to lower prices to compete.

And regardless, there's always a ceiling when it comes to what people will pay. In the case of a robotaxi there's of course significant marginal cost to expand the fleet of vehicles, but if they can make more money with more cars at a lower price point (than fewer cars at a higher price point), then they'll do so.

  • oblio 2 days ago

    > If they have competitors with a similar-quality product that is undercutting them on price, Waymo will have to lower prices to compete.

    Oligopoly, cartels, huge barriers to entry into the market.

    I appreciate your optimism in the free market for a domain where you have to spend tens of billions of dollars to even enter it

BurningFrog 2 days ago

There is plenty of competition coming to hold prices down.

KPGv2 2 days ago

In my experience, most price increases are in labor-intensive industries. Construction, etc.

Compare with tech, which is what a Waymo is like: computers, TVs, etc are insanely cheap compared to their equivalents in the past.

I had to point out to a Gen Zer complaining about how video game companies keep jacking up prices ("this game for the Switch is $80!") by pointing out that when you adjusted for inflation, a Super Nintendo game cost over $100 in today's money.

  • oblio 2 days ago

    What do you think is happening, now that the hyper scalers stopped growing by more than 20-30% per year? We're just entering the maturity stage of the tech world. 10-20 years from now all these subscriptions will reach and exceed cable levels.

elcritch 2 days ago

Exactly, capitalism isn't about putting capital to work doing things. It's only concern is share holder profit!