Lightening Bolt from California

California regulators authorize 24/7 commercial, fare-charging robotaxis in San Francisco. Google’s Waymo and GM’s Cruise got the green light to begin operations. This is the holy grail for Uber and Lyft. You really need to remove the human driver from the equation to goose excessive Executive Compensation to the stratosphere. Note that yesterday I read an article that Tesla’s new $25,000 vehicle is configured as an ideal robotaxi. Plans are for production of 4 million vehicles per year, no doubt using Mexican labor.

Local TV news anchors look horrified reporting breaking story.