So in other words, they want to offload their failing businesses onto the US Taxpayers.
That's not really the point.
The point is the upcoming revolution in autonomous labor, which will turn our current financial system upside down.
For reference, you might want to check out Manna, by Marshall Brain (his actual name). It's an easy read, it's short, and it outlines the impact that robot labor will have on our current model of capitalism.
It's no secret that ChatGPT is useful, and a force multiplier for productive output. If that type of breakthrough can be achieved with physical processing, then much of the labor force can be replaced by robots.
The current economic structure assumes infinite consumption, that there will always be more people (rising population), and that they will always want more things. We've found out that the first part isn't true, and it seems that the second part isn't true either: once you have "enough" stuff to have a comfortable life, many people stop consuming and turn their efforts to other things. People aged 45 to 55 spend the most money (per household), but once they have accrued a level of comfort they stop and enjoy life.
If robots can do manual labor, then that will put most people out of a job. A robot factory 20 miles on a side out in the southwest US (a thought problem for discussion) could supply the material wealth of the entire nation, but only require 100,000 human workers for management, direction, and maintenance. That figure, 100,000, is negligible compared to our current population.
How do we support the remaining 300 million population?
One way is to create an AI soverign wealth fund. Some portion of the factory output is given to the population in the form of factory currency. Each month every person would get, say, $1000 of factory currency to spend, with online ordering, and the items would be delivered.
To the article's point, we know with certainty that our current economic system will transition into the factory robot model. The problem facing economists is how to transition us into that model without going through a catastrophic financial failure.
An AI soverign wealth fund could be the first step towards making that transition.
You see, by passing dead batteries off to these schmucks Waymo completely avoids any battery disposal problems. In fact, they pay for Waymo's waste.
They get to pretend that they are contributing to the green movement for a year or two before the batteries are so useless that they must be dumped or "recycled". But, that's not Waymo's problem.
It's a huge win, for Waymo.
Older EVs don't "die" like the cells in your flashlight, they lose charge capacity over time.
Specifically, once the battery goes down to below 80% of initial capacity, it's better for the company to swap them out for newer batteries.
However, 80% capacity is still a lot of energy storage, it's just that the energy density per weight (or volume) isn't as good for EVs. If your energy storage doesn't care so much about weight or size (concrete floor in an industrial building), then these things still store a *lot* of energy.
Also note: capacity degrades with "cycles", and grid storage does not cycle the batteries very much or very low. Taking the Australian Hornsdale grid storage installation for reference, they found that the grid battery would step in and smooth over what we would consider very short and very slight voltage drops, which meant that their peaker plants didn't have to spin up and down as frequently, which ultimately saved them $150 million (*) over the first two years, against an installation cost of $66 million (USD).
Since then there have been a number of other installations, so we have good data on what the expected outcome will be.
The term "schmucks" in your post is perhaps unwarranted...
* Can't tell whether this is CAD or USD from their website.
"Right now I feel that I've got my feet on the ground as far as my head is concerned." -- Baseball pitcher Bo Belinsky