Waymo is eating into the ride-hailing market in some cities. The fallout for human drivers stays fuzzy.
"My initial view is that the impact would not first appear as large numbers of drivers suddenly losing their jobs," Gad Allon of the Wharton School. "Because driver supply is flexible, the earliest effects would likely show up in utilization, longer waits between rides, fewer trips per hour, and possibly more unpaid repositioning."