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> Self-driving cars were supposed to lower labor costs, but that's not going to be a thing for decades if it ever works. Decades? Maybe half a decade until it
by shafyy 8y ago
> Self-driving cars were supposed to lower labor costs, but that's not going to be a thing for decades if it ever works.
Decades? Maybe half a decade until it starts rolling out in major markets.
> But even if it does, it won't be an exclusive technology.
Of course it will be exclusive if the developing company decides not to make it publicly available. And why should they?
> If their costs go down, so will everyone else's and they won't be able to undercut the competition without continuing to lose money.
This is econ 101. There will be an equilibirium price. Or do you think just because it's easy to make pizza since hundreds of years and there are probably a million pizza suppliers in the world, the price of pizza went to 0?
- speedplane 8y ago>> Self-driving cars were supposed to lower labor costs, but that's not going to be a thing for decades if it ever works. > Decades? Maybe half a decade until it starts rolling out in major markets. What is the evidence for this? Five years ago the same claim was made, and it hasn't happened. It's not at all clear to me that mass market self driving cars will appear in 5 years, 20 years, or 100 years.