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And airlines are niche compared to mass market cars too, but they're still a good business! One thing I think most people don't appreciate is that the switch t
by bmcusick 8y ago
And airlines are niche compared to mass market cars too, but they're still a good business!
One thing I think most people don't appreciate is that the switch to self-driving cars will transform America into a mostly-transit society. Once you don't need a car to live from day to day, you sell it. Then you take a self-driving Lyft from your house to the bus depot, train station, or airport.
The market for self-driving busses between cities will grow alongside the market for self-driving cars within cities.
- paulie_a 8y agoConsidering the substantial amount of of bankruptcies by airlines, I wouldn't call it a good business.
- bluGill 8y agoI don't understand your logic. Why does a self driving car free me from having to have a car to live day to day?
- VintageCool 8y agoThe prediction is that ride-hailing taxis will be ubiquitous and cheap once we have self-driving cars. Companies will be able to flood the city streets with them once they are purely a capital expenditure and they don't have to pay human drivers. If self-driving taxis are ubiquitous enough, there could be very little wait time between hailing a taxi from an app on your smartphone and the taxi arriving at your location. At some price point, it will stop making sense to spend $20,000-$30,000 to buy a car. And you won't have to pay for insurance or gas or wear-and-tear or parking. The car could be out making money instead of being parked 22 hours a day. Businesses and apartments and home developers will stop building parking spaces and parking lots once self-driving taxis hit a sufficient threshold. Finally, cars will solve transit's "last mile" problem. Instead of paying for a taxi from home to work, you can pay for a taxi from home to the Light Rail station.
- bmcusick 8y agoExactly right.