Reminds me a bit of Groupon etc - its easy to get revenue when you're selling dimes for dollars. Fixed costs are presumably low, so it can't be scale that woul

Reminds me a bit of Groupon etc - its easy to get revenue when you're selling dimes for dollars. Fixed costs are presumably low, so it can't be scale that would lead to profitability. Utilisation rates? I've not heard a lot on if rates could come down to compensate for more passenger-miles. But of course a fair bit of the cost must be tied to passenger-miles. Intentional avoidance of profit by acquiring or R&D? I suppose this could be the play for self-driving cars in the future. As you say, automated cars seem to be the easiest way to drop the passenger-mile cost. But I don't know if automated cars will be a winner-takes-all market, at least globally and in a way that would lead to monopoly-like profitability.