4.6 • 12 Ratings
🗓️ 5 September 2025
⏱️ 5 minutes
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If Alphabet pushed the rollout of its self-driving tech company even harder, Waymo could dominate a new market with the potential to generate more revenue than its ad business.
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| 0:00.0 | Here's your Forbes Daily Briefing for Friday, September 5th. |
| 0:05.0 | Today on Forbes, Waymo is a trillion-dollar opportunity. |
| 0:09.0 | Google just needs to seize it. |
| 0:12.0 | In the summer of 2015, when veteran auto executive John Craftchick was recruited to turn Google's self-driving car project |
| 0:20.0 | into a new business unit for Alphabet, |
| 0:22.9 | co-founders Sergey Brin and Larry Page gave him an aspirational target. |
| 0:28.1 | Kraftchik, the former CEO of Waymo, the project's successor, told Forbes, quote, |
| 0:33.7 | They asked me to build a great company and then make it bigger than Google. |
| 0:38.4 | The idea was preposterous, since it wasn't clear when or if autonomous driving would be safe enough for real-world deployment, let alone at scale. |
| 0:48.8 | A decade later, things have changed. |
| 0:52.1 | Waymo Robotaxis log about 300,000 paid rides worth at least $6 million |
| 0:57.3 | every week in the five cities where they operate. That figure will rise exponentially in the next |
| 1:03.3 | few years as its fleet grows and the service expands to 15 markets or more, including Miami, |
| 1:10.0 | New York, Washington, D.C., Boston, Nashville, |
| 1:14.2 | and maybe Tokyo, Waymo's first international foray. |
| 1:18.6 | On Tuesday, the company said its testing in Denver and Seattle, following a blog post at the end |
| 1:23.6 | of August, emphasizing plans to scale as quickly as possible. |
| 1:28.4 | Waymo said, quote, |
| 1:29.5 | We're entering a new chapter and accelerating our commercial expansion. |
| 1:34.0 | If you see us driving in your city, it's because we are working hard to serve you in the future. |
| 1:39.4 | After 16 years of disciplined development, billionaire tech investor, Vanad Kosla, says it's time |
| 1:45.8 | to floor it. Kossela told Forbes, quote, Waymo's in a multi-trillion dollar global market, |
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