Cruise

“Well, look, if data was the only constraint to making a driverless car, I think there would be a lot more driverless cars out there than there are. It's a lot more than data. Like cruise is not data starved, even with, you know, hundreds of vehicles on the roa…”

“Unlike a consumer device, which you can test really well behind closed doors you know, building driverless AVs is very interactive. You have all these feedback mechanisms between, you know, how AVs react with other users on the road. Training first responders …”

“No, we'll probably start off in, in you know, a few neighborhoods and then ramp up over time. Our vehicles won't be on the highway right now, which I think is good.”

“Next year it'll be thousands. And then it'll kind of continue. At least 10 X growth every year for their foreseeable future.”

“So for context, last year we operating tens of AVs. We're currently operating hundreds, you know, almost 400 concurrently at peak.”

“What I do expect is, you know, within two or three years, most likely, I think the. Majority of new car sales will transition to vehicles where people don't have to drive because once you have that choice, I have a hard time believing that people are going to …”

“Yeah, we're not done. There'll be more this year. And you know, that that's because next year we're going to be manufacturing a lot of vehicles and you know, that's our biggest limitation to scale right now.”

“Just from the first million we saw a 50% reduction in, in any kind of crash. And over a 70% reduction in the kinds of crashes that Could lead to injury.”

“But again, like there's no parallel. They're not the same thing, like a system that's driver assistance where you have to take control. Versus one where you have cars driving around without a driver. And that really doesn't come to light until you actually try…”

“So the unit economics aren't great at hundreds of vehicles. They start to get pretty interesting at thousands. And then, you know, above that the advantage versus a human ride share driver is, is pretty dramatic actually.”

“Well, you know, it takes about four years to you know, go through the automotive development cycle. And so what you see on the road with cruise robotaxis was four years ago, technology, the stuff we're developing now you know, is a lot more sleek and integrate…”

“You take a system that's designed to operate safely in San Francisco and put it in Austin or Phoenix and it performs extremely well.”

“The field has thinned down to, you know, one or two or maybe three players.”

“We have two generations of newer AV sensors and compute technology and develop in development that each one of those has a huge drop in the cost of, you know, the sensors and compute to the point where It doesn't really add that much to the cost of the vehicle…”

“I think we will look back at, you know, right now is kind of like a flawed social experiment, you know, gone wrong with human driven ride share.”