John Collison

a car seems like you know more of an optimization improvement but the core of the value proposition comes from those other factors yes yes i guess just take risk on one thing at a time we'll start by you know doing the software layer and then we'll build a specialized car or something like that that's right yeah yeah it's also yes i mean as you said it's a big investment yes you have to like you do risk the fundamentals yes um and you know throughout our history we were very

focused on setting the most, you know, the biggest goal for the company to de-risk the most important questions, right?

We talked about, you know, the third generation where, you know, we wanted to deploy something and go end-to-end.

We talked about what was the goal with the fourth generation, and then, oh, sorry, the fifth generation, and then there's the sixth generation, right?

So it was the sixth generation where it made sense to go, you know, spend all this, you know, effort into the custom

Yeah, it is the new hardware.

The sensors, the hardware, the software and hardware they're putting on the Ohai vehicle is the sixth generation.

It is very different from the fifth generation.

It is simpler.

It is more capable.

It is much lower cost.

It's a fraction of the cost.

comparable to what you would get like a fancy ADAS system nowadays, the driver assist system.

The software is pretty much the same.

So when we talk about generalizability of the Waymo driver, we talk about weather conditions, we talk about cities,

but it also generalizes well to different vehicle platforms and different sensor configurations.

And then we're going to put the 6th generation Waymo driver on other vehicle platforms like the Hyundai Ioniq that's coming later in the year.

So it still has the same three sensing modalities, but we've made significant optimizations in all three.

So unification, simplification, and there's just, you know, the kind of just writing the... Yeah, is it a classic case of, you know, manufacturing scale?

Well, scale hasn't fully come in place, but all of those, if you think about the kind of the supply chains, the industries, cameras is pretty mature.