Self-driving cars as the new toolbar

Via Washington Post https://www.washingtonpost.com/news/wonk/wp/2016/02/25/how-much-of-your-life-youre-wasting-on-your-commute/?utm_term=.52d17319b984
From The Financial Times https://www.ft.com/content/6c6b74a4-3920-11e6-9a05-82a9b15a8ee7

There are 250 million cars on the road in the US so lets assume Google’s cars (and software) only manage to reach 1% penetration across a replacement cycle… that’s 2.5 million cars.

That’s 2,500,000 cars times $56,000 in revenue per car per year or $140,000,000,000 in revenue from the Google fleet per year in the US alone.

That’s more like a moonshot number…. A lot of the assumptions below are likely incorrect and the numbers excessively high (or low) but my main point is around the potential scale of the Google’s revenue from self-driving cars and the belief that autonomous vehicles could well be the next toolbar.

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Christian Hernandez

Christian Hernandez

Partner at @2150-vc backing technologies that make our world more resilient and sustainable. Salvadoran-born Londoner. YGL of the @wef Father ^3