Google’s self-driving car company Waymo is burning through billions of dollars with no profits in sight. The tech giant just raised another 5.6 billion dollars in October, bringing Waymo’s total value to 45 billion dollars. That’s a lot of taxpayer money flowing to Silicon Valley elites while hardworking Americans struggle with high gas prices and inflation.
Waymo claims it could become a trillion-dollar business, but the math doesn’t add up for regular folks. The company is doing about 250,000 rides per week across just four cities. Compare that to Uber, which does millions of rides daily worldwide, and you see how overhyped this whole thing really is.
The real losers here are American taxi drivers, Uber drivers, and truckers who will lose their jobs. Google wants to replace human workers with expensive robots that cost over 100,000 dollars each. This is exactly the kind of job-killing technology that hurts Main Street while making Big Tech billionaires even richer.
Waymo’s cars still can’t even drive on highways safely with passengers. They’ve been testing this technology for over 15 years, and it’s still not ready for prime time. Meanwhile, Google keeps asking investors for more money while promising the moon and delivering very little.
The company operates mostly in liberal cities like San Francisco and Los Angeles where wealthy tech workers don’t mind paying premium prices. But will regular Americans in small towns ever benefit from this overpriced technology. Probably not, since rural areas aren’t profitable enough for Google’s taste.
Safety remains a huge concern that the mainstream media won’t talk about. These robot cars are essentially computers on wheels that can be hacked or malfunction at any moment. Do we really want our families riding in vehicles controlled by the same company that censors conservative voices online.
Google’s parent company Alphabet already makes over 280 billion dollars per year from advertising. Now they want to control how Americans get around too. This is about market dominance, not innovation that helps everyday people.
Washington needs to wake up and stop letting Big Tech monopolies like Google take over every aspect of American life. We need real competition and protection for American workers, not more handouts to Silicon Valley billionaires who look down on patriotic Americans.