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Waymo Self Driving Cars

May 31, 2018
by
Investor Motivation
YouTube video player
Waymo Self Driving Cars

TL;DR

Google's self-driving car project, called Waymo, has made significant progress in terms of miles driven and partnerships, and fully autonomous cars are expected to be available to consumers within the next 3 to 5 years.

Transcript

good day and welcome to this week's video this week as promised from probably 3 or four weeks ago I mentioned about Google's uh um self-d driveless car um business and I've been doing some research on it and thought it was well worth having a look at what some of these very big and highly intelligent businesses are doing or the people within it um ... Read More

Key Insights

  • 🪛 Google's self-driving car project, Waymo, aims to create the world's most experienced driver by extensively testing their self-driving cars on public and virtual roads.
  • 😀 Waymo has driven 5 million physical miles since 2009 and simulated an additional 2.7 billion miles in 2017, making significant progress in terms of miles driven.
  • 🦺 Safety is a top priority for Waymo, and they have partnered with companies like FK and Jaguar Land Rover to address safety concerns and improve the technology.
  • 😨 The introduction of self-driving cars has the potential to make roads safer and reduce accidents caused by human errors such as drunk driving or distractions.
  • 👨‍💼 Waymo has already launched fully autonomous self-driving cars in Phoenix, and they are working towards a ride-hailing business with a fleet of 20,000 electric vehicles.
  • 😨 It is expected that fully autonomous self-driving cars will be available for consumers to buy within the next 3 to 5 years.
  • 😨 The adoption of self-driving cars will require regulatory changes and adaptation of laws in different countries.

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Questions & Answers

Q: How many miles has Waymo's self-driving cars driven since 2009?

Waymo's self-driving cars have driven 5 million physical miles since 2009, mostly on public streets and city roads, and they simulated an additional 2.7 billion miles in 2017.

Q: How does Waymo ensure safety in their self-driving cars?

Waymo has partnered with FK and Jaguar Land Rover to address safety concerns. They aim to create the most experienced driver by exposing the self-driving cars to various scenarios, such as animals running across the road, in simulation and real-life testing.

Q: Can self-driving cars make roads safer?

Yes, self-driving cars have the potential to improve road safety. For every 1 million miles driven by humans, they crash an average of 4.2 times. Waymo's self-driving cars are roughly at a similar crash rate, but as the technology improves, it is expected that self-driving cars will significantly reduce accidents caused by factors such as drunk driving or distractions.

Q: When will fully autonomous self-driving cars be available for consumers to buy?

It is estimated that fully autonomous self-driving cars will be available for consumers to buy within the next 3 to 5 years. Google's Waymo project has already launched fully self-driving cars without anyone behind the wheel in Phoenix last year, and they are currently working on ride-hailing services with a fleet of 20,000 electric vehicles.

Summary & Key Takeaways

  • Google's self-driving car project, Waymo, aims to create the world's most experienced driver by running millions of miles on public and virtual roads.

  • Waymo has driven 5 million physical miles since 2009 and ran 2.7 billion miles in simulation in 2017.

  • Waymo has made partnerships with companies like FK and Jaguar Land Rover to address safety concerns and improve the overall technology.


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