Milwaukee 48-32-4416 SHOCKWAVE 1/8" Slotted Insert Bit. The Milwaukee SHOCKWAVE Impact Duty Driver Bits are manufactured to be an extremely strong bit and last 10x's longer than the generic Bits. The Milwaukee SHOCKWAVE 1/8" Slotted Insert Bit is designed for moderate commercial and residential applications. Each package comes with a pair of Slotted Insert Bits. The SHOCKWAVE tip allows for a secure grip and maximum contact to eliminating stripping or slipping.