I'd imagine the company would take on liability, as long as humans can't drive the vehicle or they aren't driving when the accident occurred. Mercedes already got the ball rolling on this [1].
[1] https://www.roadandtrack.com/news/a39481699/what-happens-if-...
Aside from some niche cases in very dense cities, is this generally true anywhere? I've visited a lot of cities with various levels of public transit, and I can't think of many where it was faster. More convenient sometimes, sure, cheaper, yep, but faster? Not often.
I was leaning into it being a social thing. If you care about reducing fatalities and such, public transit has been a thing for a long time.
As far as convenience goes self-driving cars should be extremely convenient once we have them, no? I agree with you that public transport makes sense in very densely populated cities but most places in the world are actually wasting money on lots of public infrastructure that makes little rational sense, simply because it's a popular demand.
Relatedly, another "problem" with "self-driving" cars is that we want all of the convenience and ease of use, without adjusting liability and ownership considerations. Consider, if Waymo gets to the point where they have a self driving car that you have to have a subscription to use, do you own the car? Are you the liable for any accidents it has?
To lean in on that hypothetical. I'd imagine a lot of families will use self driving cars to send kids to school. Is effectively a bus that terminates at your house. Who is liable for a mistake if the operation of it is completely remote?