Waymos Stall During SF Blackout & Avatar Fizzles at the Box Office

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What is the main topic discussed in this episode?

Neil Freiman 0:00
Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, when the going gets tough, Waymo stops working.
Toby Howell 0:09
Then the third Avatar movie made a lot of money, but not as much money as expected.

What happened with Waymo cars during the San Francisco blackout?

Toby Howell 0:14
It's Monday, December 22nd. Let's ride. Let's ride.
Neil Freiman 0:22
Good morning and happy Monday.

Why did the new Avatar movie underperform at the box office?

Neil Freiman 0:24
Give yourself a pat on the back because you've made it through the darkest timeline. Yesterday in the northern hemisphere was the winter solstice, marking the astronomical start of winter and the shortest day of the year in terms of daylight. There will now be a little more sunshine every single day until June, so that's something to look forward to. And one of these years, I got to make it to Stonehenge for the solstice celebration. Thousands of people dressed as pagans and druids make the pilgrimage to the stone circle every summer and winter since the monument was built to align with the movement of the sun on the solstices.
Toby Howell 0:57
I think you could pull off being a druid, Neil, or a pagan, either or. We are so back, though. I looked this up. Amongst the middle-est latitudes, a.k.a. not near the poles, we are getting an extra... 20 to 30 seconds of daylight now that the solstice has passed, which is plenty of time for activities. I'm talking one additional golf swing depending on your pre-shot. Maybe two points in pickleball if you have a good serve. And I think you could get an entire ski run in if you don't turn. I don't recommend that, though. So make sure you budget that additional time effectively. We've made it through the darkest timeline. And now a word from our sponsor, Public. All right, Neil, big milestone. I opened an account with Public.

How did the winter solstice impact daily life in the northern hemisphere?

Neil Freiman 1:39
Incredibly responsible of you, Toby. I'm impressed.
Toby Howell 1:42
And get this, they have generated assets which allow you to turn any idea into an investable index with AI. You can literally type in any prompt from renewable energy companies with high free cash flow to semiconductor suppliers growing over 20% and put the AI to work.
Neil Freiman 1:59
So it screens thousands of stocks to build a one-of-a-kind index? That's pretty great.
Toby Howell 2:03
and it will even backtest your idea against the S&P 500, so you're making decisions with real context. Get started at public.com slash morningbrew and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com slash morningbrew, paid for by Public Investing, full disclosures in podcast description.
Neil Freiman 2:23
It was a scene from a dystopian novel. Large swaths of a major American city suffering a power blackout. Traffic lights were down. Hundreds of self-driving robot cars malfunctioned in the middle of the street, creating gridlock. But this wasn't science fiction. It was San Francisco on Saturday. A power blackout hit around 125,000 homes and businesses in SF, impacting about a third of the city due to a fire at a substation at Pacific Gas and Electric Company. But this being 2025 in the most tech-forward U.S. metropolis, the blackout had some bizarre knock-on effects, like rendering Waymo's self-driving cars inoperable. On Saturday, people shared tons of viral videos of Waymo's stalled out at busy intersections, one after another, causing major traffic jams behind them.
Neil Freiman 3:10
As of last night, Waymo had resumed its robotaxi service, but the reputational damage was done. The company said that its problems stemmed from all the traffic lights going down. A spokesperson said, while the Waymo driver is designed to treat non-functional signals as four-way stops, the sheer scale of the outage led to instances where vehicles remained stationary longer than usual to confirm the state of the affected intersections. This contributed to traffic friction during the height of the congestion. It's not a good look for a startup that was just starting to win hearts and minds in San Francisco and beyond after working hard to overcome initial skepticism from human drivers. Toby, this debacle will only fuel the critics who say robo taxis aren't ready for prime time.
Toby Howell 3:52
The debacle is even more confusing because Waymo vehicles are explicitly designed to handle traffic.

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