That always seemed insane to me. The potential moat I saw was in controlling a two sided market (like eBay for collectibles). Drivers drive for you because you

That always seemed insane to me. The potential moat I saw was in controlling a two sided market (like eBay for collectibles). Drivers drive for you because you control the riders. Riders ride with you because you have all the drivers. This would be a competitive advantage because you’re getting your drivers to deploy capital (cars) for you. But driverless cars change that dynamic. Now you need to own a fleet. Well, guess what: there are already businesses like this! They are called car rental companies. Last time I checked, they were shitty, low margin businesses.