Travis Kalanick

And you can reduce the spend through a lot of very interesting, nuanced rules that they're in control of.

And you can reduce the spend through a lot of very interesting, nuanced rules that they're in control of.

I mean, it'll be interesting to see if it's 5% or 10% on RTO. I mean, it could be a lot more. I mean, what I'm hearing about these buildings is that they are super, super empty, like next level empty. And let's just say I'm really glad I don't hold it. Like I'm an owner that has a bunch of leases to the federal government right now.

I mean, it'll be interesting to see if it's 5% or 10% on RTO. I mean, it could be a lot more. I mean, what I'm hearing about these buildings is that they are super, super empty, like next level empty. And let's just say I'm really glad I don't hold it. Like I'm an owner that has a bunch of leases to the federal government right now.

Yeah.

Yeah.

Guys, just for kicks, check this out, right? If we took 2019 spend, right, the year before COVID, and put it up against 2024 revenues, $500 billion surplus. Wow. Bingo. That's crazy. Versus the $1.5 trillion deficit. Oh my God. So a $2 trillion swing on like a- In four years. Yeah, on a $4 trillion budget. That's all waste.

Guys, just for kicks, check this out, right? If we took 2019 spend, right, the year before COVID, and put it up against 2024 revenues, $500 billion surplus. Wow. Bingo. That's crazy. Versus the $1.5 trillion deficit. Oh my God. So a $2 trillion swing on like a- In four years. Yeah, on a $4 trillion budget. That's all waste.

I mean, guys, this is the thing. There's two deflationary things that we need. One is Doge, and two is where AI is going to take us if it really does its thing. And that will keep us in an okay spot economically. But this spend has to go, or we're in Greek territory, if that makes sense.

I mean, guys, this is the thing. There's two deflationary things that we need. One is Doge, and two is where AI is going to take us if it really does its thing. And that will keep us in an okay spot economically. But this spend has to go, or we're in Greek territory, if that makes sense.

I mean, look, it's funny because, as you guys know, back in the day, 2015, 16, 17, we had our own autonomous vehicles out there. And I remember the first one of ours that I took. And I got in the back and all I had was a stop button, a big red stop button that I could push if things got weird. And I remember this was in Pittsburgh where we had our robotics division and autonomy division at Uber.

I mean, look, it's funny because, as you guys know, back in the day, 2015, 16, 17, we had our own autonomous vehicles out there. And I remember the first one of ours that I took. And I got in the back and all I had was a stop button, a big red stop button that I could push if things got weird. And I remember this was in Pittsburgh where we had our robotics division and autonomy division at Uber.

And I got out of that car and literally it's like I got off a roller coaster ride. Like my legs were, I could not stand straight. Like I was like a little wobbly because I was so freaked out and the adrenaline was pumping. you get in a Waymo today and it's like, you're not even thinking twice. You're just like, it's all good. You just get in, you get out. Now part of it's just the normalization.

And I got out of that car and literally it's like I got off a roller coaster ride. Like my legs were, I could not stand straight. Like I was like a little wobbly because I was so freaked out and the adrenaline was pumping. you get in a Waymo today and it's like, you're not even thinking twice. You're just like, it's all good. You just get in, you get out. Now part of it's just the normalization.

It's like, It's just working and that normalizing matters in terms of the psychology around it. We're just there. So it just works. Now, is it an optimized experience for ride sharing? No. Like the cyber cab is sort of the ultra sort of destination for what it means to get transported across a city in a vehicle that is not meant for a human to drive.

It's like, It's just working and that normalizing matters in terms of the psychology around it. We're just there. So it just works. Now, is it an optimized experience for ride sharing? No. Like the cyber cab is sort of the ultra sort of destination for what it means to get transported across a city in a vehicle that is not meant for a human to drive.

No steering wheel, folks potentially even facing each other, just a whole bunch of different formats. The technology works. We know that. There are different ways to get to the technology. I think that probably the most interesting thing that we should be – or one of the most interesting things to be thinking about, maybe there's a few. First is cheap AI makes cheap autonomy.

No steering wheel, folks potentially even facing each other, just a whole bunch of different formats. The technology works. We know that. There are different ways to get to the technology. I think that probably the most interesting thing that we should be – or one of the most interesting things to be thinking about, maybe there's a few. First is cheap AI makes cheap autonomy.

Okay, so if as cheap AI gets out there and proliferates and gets broadly distributed, we should expect autonomy gets easier and easier and easier. And you see some of the stuff that's happening with Tesla and FSD, their new models are like, I think in a three month period, they went up like 10x in terms of performance, meaning A number of miles per human intervention.

Okay, so if as cheap AI gets out there and proliferates and gets broadly distributed, we should expect autonomy gets easier and easier and easier. And you see some of the stuff that's happening with Tesla and FSD, their new models are like, I think in a three month period, they went up like 10x in terms of performance, meaning A number of miles per human intervention.