That's a bit of an oversimplification. Google's failures often garner more marketplace traction than other companies' wildest success stories.
But at the end of the day they are an advertising company. Any product that doesn't help them sell advertising -- and lots of it -- will eventually impede the progress of the careers of the managers and employees who work on it. That's when the axe falls... not when a product "fails," necessarily, but when it's no longer "sexy."
Waymo is (a) no longer affiliated with Google, and (b) basically a hobby project. It is comparable to Blue Origin for Bezos, any of Musk's numerous speculative ventures in fields from tunnel-digging to AI, or the original AppleTV for Steve Jobs.
People who work there are very well aware of that, and are OK with it. No one outside the company should allow their own business or career path to depend on Waymo, at this stage. It could vanish tomorrow at the whims of the Alphabet execs and/or directors, because their own business doesn't depend on it.
Lol Google was one company till 2015. Alphabet and Google have the same CEO. Just shows your biases in trying to prove your point. It was Google who pumped in money in Waymo. Have fun using ddg and Firefox.
That is not true at all. You are regurgitating half baked theories of HNers who are just salty at Google (some balk at their success , some didn't get in etc .). Google's going to keep changing the world. HN is going to keep complaining.