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Jon Quast

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5078 total appearances
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Appearances Over Time

Podcast Appearances

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

I think it is.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

But I would push back on the significance of being in the lead at this stage of the game.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

The stats that I saw, less than 1% of the population has even taken a ride in a driverless taxi at this point in the US.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

So according to the law of diffusion of technology, we're still in the early adopter phase.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

So that means that companies such as Tesla, Uber, even Amazon with Zoox, they all still have plenty of time to catch up before we get to the early majority phase of adoption.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

I think that's where a lead really matters is in that stage of the game.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

Right now, we're still really early.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

There is time to catch up.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

I mean, what do I know, Travis?

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

There are some really smart people on both sides of this argument.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

I think you can make a good case for either approach.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

What I will say is this, I do think that fast scaling solutions will matter in this space, because no matter who you are, I think that we have agreement that this market, that the

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

incredibly fast.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

It will be adopted really fast once it starts gaining some momentum.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

Just one statistic, according to Fortune Business Insights, the U.S.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

market for this is supposed to go from $1 billion in 2022 to over $100 billion in 2031.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

Will that be exactly correct?

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

Probably not.

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

But will it be directionally correct?

Motley Fool Hidden Gems Investing
What’s a Waymo Anyway?

Most likely.