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Once fully autonomous vehicles that can take you from any point to any point 100% reliably technology is here (maybe in 50 years) no company would have much adv
by msoad 10y ago
Once fully autonomous vehicles that can take you from any point to any point 100% reliably technology is here (maybe in 50 years) no company would have much advantage over others and it will be a super low margin business to be in.
However, during this transition Uber and Lyft have tremendous advantage because they have the fleet of manual drivers that can both advance the technology and make meaningful profit. Lyft choosing not to invest in the technology part and be the fleet owner is a very smart move. Uber has more cash and their move make sense as well.