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>The aren't as software-based as many people make them out to be. What does that even mean? Has Uber made a single physical product? To the best of my knowledg
by bob_theslob646 9y ago
>The aren't as software-based as many people make them out to be.
What does that even mean? Has Uber made a single physical product? To the best of my knowledge they do not. Yes they may have to balance wages of drivers which is arguably not easy, nor is it easy to balance human labor(capital) costs in any industry.
They are a marketplace for retail transportation.
I agree that driverless cars could sink their ship if they're beaten to the market first. Self-driving cars are about many years away contingent on the legal system being the way it is today. That could change.The biggest problem to self-driving cars is insurance/liability ,the areas that they are going to be used, people's ability to change/adapt to them.
What people don't understand is that the most population dense places, where uber and other ride handling services are predomimatly used, happens to have many pedestrians and the shittiest infrastructure.
I think even talking about self driving cars is a gigantic waste of time , borderline buzzwordiness of 'machine learning' and 'artificial intelligence'. At least those buzz words are being used today. We are nowhere near a level 5 standards.
- rco8786 9y agoI think the “not that much of a software company” has to do with the fact that their product is delivered in person by humans. They’re no more of a software company than UPS or Delta.
- bob_theslob646 9y agoCorrect.
- mikestew 9y agoHas Uber made a single physical product? The hair stylists and massage therapists don’t make “a single physical product”, but no one is arguing that they’re the next Microsoft. I’m still at a loss as to where you’re going with this “they’re software, of course they’ll make a profit” when they’re arguably not a software company, and it doesn’t matter because plenty of software companies have gone under.
- digitaltrees 9y agoI think “software business” often applies to businesses that have no physical product or human provided services and thus much higher gross and net margins. They are simply a tech enabled service provider that has to operate on very slim net margins. Totally different than surveymonkey or a pure SaaS business that has 90% gross margins.