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I think using numbers with human drivers doesn’t help because a) the uber driver has much higher marginal cost on each drive than a self driving car because of
by mattnewton 8y ago
I think using numbers with human drivers doesn’t help because
a) the uber driver has much higher marginal cost on each drive than a self driving car because of the human in the drivers seat and
b) the self driving car is likely to have a much higher fixed cost than the taxi with a human driver because of the expensive computer, software and new hardware like lidar.
So self driving cars are in my best guess going to have very high fixed costs with very low marginal costs, which means there is a large opportunity for a “renters” market
- dmortin 8y ago> the self driving car is likely to have a much higher fixed cost than the taxi with a human driver because of the expensive computer, software and new hardware like lidar. These will become commodities when the technology matures.