Today, Waymo is excited to announce our transit rewards program, which we will initially offer in the San Francisco Bay Area, with future cities to follow. This first-of-its-kind initiative rewards riders with Waymo…
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I appreciate solutions that meet us where we are, but it’s depressing that we don’t seem to actually have the will to make a sustainable, integrated mass transit plan.
Probably has something to do with that. Why on Earth are there 27 different transit agencies in the Bay Area? Probably should be a single digit, no?
Cost per passenger trip:
BART: $1.07B operating expenses / 59.5M trips = $16.92
SF Muni: $1.13B / 160M trips = $7.06
Caltrain: $225M / 9.1M trips = $24.73
Passenger Fare collected per trip:
BART: $259M / 59.5M trips = $4.35
SF Muni: $111M / 160M trips = $0.69
Caltrain: $58.7M / 9.1M trips = $6.45
Subsidy per trip:
BART: $12.57
SF Muni: $6.37
Caltrain: $18.27
Cost per passenger mile:
BART: $1.07B / 892.5M passenger miles = $1.20/mile
SF Muni: $1.13B / 312M = $3.62/mile
Caltrain: $225M / 177.5M = $1.27/mile
Subsidy per passenger mile:
BART: $1.07B / 892.5M passenger miles = $0.84/mile
SF Muni: $1.13B / 312M = $3.26/mile
Caltrain: $225M / 177.5M = $0.94/mile
Every single ride requires a $6 to $18 subsidy, paid for by tax dollars.For comparison, federal spending for the interstate highway system is about 2-3 cents per passenger mile.
The reason we don't have roads is because the economics are terrible. The government gets $0 per trip [1], but it costs billions of dollars a year in operating expenses.
Wait, that's not how it works.
[1] Federal gas taxes don't count, because those go to the Highway Trust Fund which funds road construction, which is not an operating expense. State gas taxes may vary. Although toll roads also properly charge people user fees, although for some reason, lots of drivers complain about how expensive tolls are...
BART likely created huge profits for people who owned land in the areas it services - house prices and rents would have increased substantially. Public investment, private profits. Subsidies in the form of low-cost fares like this are just further welfare for the landowners.
Interestingly, about a third of BART's cost was acquiring land - if/when that same land is cleared and sold on market, the project would have operated at an enormous profit. Certainly, BART's current assets would far exceed 'total fares collected'.
If we could go back to pre-pandemic ridership levels, the subsidy rate would be inverted (fares covered 70% versus 30% now). Public Transit struggles with low utilization. It'll take 10+ years to get back to that ridership level though.
Not everything has to be directly money making.
If anything, the Bay Area needs significantly more public transit. BART in particular is mostly useful between cities, in my experience. You can’t go from the mission to cow hollow or dog patch to north beach, let alone anywhere to the ocean.
Also, subways don’t have much (if any) marginal cost per passenger. The issue isn’t cost but ridership. Ridership will increase with utility, which requires political will, which does not exist.
SF could be so much more.
JR East in Japan operates in the same way: it makes the majority of its profit from the real estate, malls, and hotels it operates adjacent to its train stations.
I always like being the person that points out that cars have on avg 1.5 passangers.
Meaning a bus (avg size of 2 medium cars) with just 4 people is already a better use of space on the road.
So while well utilised infrastructure might look prettier, the current misuse of infra is so vast that even minor use of public transit would already bring benefits.
However, if I need to make an appointment on time, or just reduce morning hassles, I take a Waymo, but afterwards, I may be inclined to take public transit in the return direction. Same distance, similar route, but distinct criteria for budgeting time, money, and mental health.
(Waymo takes $2.85 off your next ride if you take the train)
I live in East Bay, and I often take gratuitous Waymo trips all the way across the city to Embarcadero Station to ride BART back home. I do this because I like seeing the pretty skyscrapers and the bustling city and the pretty townhomes painted interesting colors. They may want to rethink their reward structure a bit to avoid paying out to people like me.
Maybe, but who is Waymo to decide whether your trip was gratuitous? Perhaps you had brief business in Embarcadero and chose the particular mix of modalities for one reason or another (timing; or had to carry something heavy one way but not the other etc).
After you "link your Visa card", yet the reward is in "Waymo cash", which expires in 90 days and can only be used for Waymo. That's just something on your Waymo account, not real money. They must want access to your Visa card data.
OR, if it's Visa only, it's a comarketing stunt.
My selfish trip all the way across the city instead of to the nearest convenient transit station makes things worse for everyone except for me :)
To make it more clear why this would be the case, imagine that everyone in the city behaved as I did, all taking Waymos to this same train station, even if it was far out of their way. Almost all the Waymos would start at that train station after dropping other people off, and they would have to drive to get the next person, so you can think of each trip as a loop. Some of the loops would be very small and fast, for people who happen to be close to that train station, while others would be very long, for the people who started all the way across town. Less cars are needed to accommodate the short loop trips than to accommodate the long loop trips, and since there are a limited amount of cars, people will have to wait longer to complete their trips.
If instead you imagine that each Waymo that's driving around initializes on a grid around the city, with, idk, 10 blocks between each of them, and the people who want a ride, also equally distributed, all instead get a ride to their nearest transit station, the loops are shorter, which means more people can receive service.
In New York, increases in the use of ride services like Uber mostly came from bus and subway riders[1]. If we are being charitable to Google, we might assume that this initiative is intended to reduce the same sort of trend. If we are not being charitable, we might assume that this initiative is intended to encourage current bus riders to expose themselves to the product.
[1] https://www.6sqft.com/mta-says-uber-use-is-the-cause-of-nyc-...
Meanwhile, a waymo to a stadium on that same train line is $26. If you're with 1-3 other people, taking Waymo all the way is a no-brainer.
Amongst other reasons, I use Waymo for covering the last mile of a trip made by bus or light rail in my city (Houston, TX). Our public transit service is very reasonably priced but it would be awesome to get a discount!
> rideshares like Waymo
I don't live in California, so maybe I'm misunderstanding something. Uber and Lyft were ostensibly originally meant for people already travelling from point A to point B to share the ride with someone and make some money - and still could be used that way. But Waymo had always been a car-for-hire service with no pretension. So why is it grouped together with "rideshare" and not taxis?At least in the US, the traditional taxis were terrible - only way to order is via phone call, you have no idea when your car will arrive, nor how much your trip will cost, there is no easy way to send feedback to driver, and there was a good chance for an generally unpleasant experience...
Uber/Lyft changed this all and actually made the car-for-hire services usable. In my circles, this was the real reason why everyone simply stopped using taxis completely the moment any alternatives appeared.
And Waymo has a nice app and clean experience, and won't take you long way so it can charge you more, hence people group it with rideshares, despite it technically being closer to taxi.
(I understand that in other countries, taxis were much better. Before Lyft, I always felt envious while reading about their taxi systems)
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