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With a 60 billion + valuation they probably could easily afford it. I'm sure someone will make a ridesharing app for private owners of self driving cars to ren
by zanny 11y ago
With a 60 billion + valuation they probably could easily afford it.
I'm sure someone will make a ridesharing app for private owners of self driving cars to rent them out when they are not using them, though. The app maker would have to insure against damages, and the long term trend will be towards transportation as a service where you subscribe to a self driving car company and just get a car on demand rather than having one idle in your driveway, but some people will cling to private ownership and might use it.
- pinkrooftop 11y agoValuation not cash on hand
- TheOtherHobbes 11y agoThe longer term trend could potentially be hire-on-demand for other goods and services too. Which will be neatly ironic - capitalism and market pricing destroying the basis of private ownership.
- webXL 11y ago"the basis of private ownership" is not threatened at all. These goods are still privately owned by those who have incentive to maintain and improve them. That's efficiency. You buy and maintain the car if that's your core competency, I'll specialize elsewhere. Don't know about you, but I hate that expensive thing in my garage that sits idle all the time!