“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.”
quote is from the automated transcript, cleaned for reading:
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More from Kyle Vogt
PredictionDidn’t hold up
Vogt: Fully autonomous vehicles will dominate new car sales within 2-3 years
“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 …”
Kyle VogtOct 6, 2023▶ 38:20Cruise CEO Kyle Vogt — Self Driving Cars Will 10X Every Year
PredictionDidn’t hold up
Vogt: Cruise will sustain 10X annual fleet growth for the foreseeable future
“Next year it'll be thousands. And then it'll kind of continue. At least 10 X growth every year for their foreseeable future.”
Kyle VogtOct 6, 2023▶ 4:47Cruise CEO Kyle Vogt — Self Driving Cars Will 10X Every Year
PredictionNot checkable as stated
Vogt: Human-driven ridesharing will be remembered as a flawed social experiment
“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.”
Kyle VogtOct 6, 2023▶ 10:12Cruise CEO Kyle Vogt — Self Driving Cars Will 10X Every Year
Insight
Vogt: Data volume is not the primary bottleneck in building autonomous vehicles
“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…”
Kyle VogtOct 6, 2023▶ 18:03Cruise CEO Kyle Vogt — Self Driving Cars Will 10X Every Year
Opinion
Vogt: Driver assistance and robotaxis share no parallel and cannot be compared
“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…”
Kyle VogtOct 6, 2023▶ 18:53Cruise CEO Kyle Vogt — Self Driving Cars Will 10X Every Year
AssertionSupported
Vogt: Cruise AVs cut total crashes by 50% compared to human drivers
“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.”
Kyle VogtOct 6, 2023▶ 35:14Cruise CEO Kyle Vogt — Self Driving Cars Will 10X Every Year
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