On September 8, 2017, The Information met with Waymo CEO John Krafcik to discuss the company’s effort to partner with automakers, his outlook for the arrival of self driving cars, and the future of human-driven ride-hailing networks. Read the related article, Waymo CEO to Automakers: Your Future Is Tied to Us.
Below is a transcript of the conversation. Remarks have been edited for clarity.
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“The cars they make drive 150,000 miles over their lifetime. And here’s the dismal science and the economics and why they’re struggling right now: They make $0.01 per mile [from those cars]. That’s the most significant statistic to think about.”
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