It will also funnel large amounts of revenue out of every city into s/SF/Bay Area. Currently around 35% of the money spent on Uber/Lyft stays in the local economy. Waymo in SF still employs a large number of highly paid engineers who are paid the money which used to move through SF via Uber/Lyft. And those SF engineers spend a decent chunk of it locally on food, art, entertainment, and various other services - so it has (somewhat) less of an effect on the city's overall economy/total employment.
Waymo in Miami won't be locally re-spending nearly as much of Miami's money as Uber/Lyft did. Significantly more of it will be removed from Miami with each ride. This might be even more pronounced for cities like Houston, which don't attract tourism from Waymo staff.
Waymo in Miami won't be locally re-spending nearly as much of Miami's money as Uber/Lyft did. Significantly more of it will be removed from Miami with each ride. This might be even more pronounced for cities like Houston, which don't attract tourism from Waymo staff.