Robotaxis are everywhere. That could be bad news for Uber.

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The robotaxi movement is finally here.

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Waymo now provides 100,000 paid robotaxi rides weekly, up from 50,000 trips in May, and is safer than human drivers by many measures:

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• Waymo Driver was 3.5x better in avoiding crashes that caused injuries
• Waymo Driver was 2x better in avoiding police-reported crashes

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What to watch next: The expansion of autonomous vehicles (AVs) severely threatens Uber’s business model. Waymo (and AVs broadly) will soon be able to offer a more inexpensive and safer experience than human-based drivers. While AV companies have opted to partner with Uber to aggregate rider demand so far, they will eventually want to compete head-on for better unit economics in an oligopoly (e.g., Tesla, who is planning its own robotaxi service, is not expected to partner with Uber).