Then again, taxi rates should go down once you no longer need to factor the driver's wages into the equation. Also, insurance should be cheaper and running cos

Then again, taxi rates should go down once you no longer need to factor the driver's wages into the equation. Also, insurance should be cheaper and running costs ditto (presumably, the bulk of autonomous vehicles will be electric) Besides, in some markets taxis ARE the cheaper option if you don't need a car very often - when living in Norway's #2 town about a decade ago, the annual road tax, insurance, leased parking space &c added up to a cost equivalent to more than 200 4-mile taxi rides. And that is leaving depreciation and maintenance out of it...