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> They need fully autonomous driving in order to achieve profitability. Why is this inherently true? Taxi services were profitable and Uber/Lyft are better tha
by usaar333 7y ago
> They need fully autonomous driving in order to achieve profitability.
Why is this inherently true? Taxi services were profitable and Uber/Lyft are better than they ever were. I don't see why Uber/Lyft raising fares a bit would lead to an entire market collapse.
- pkaye 7y agoWall Street profitability is different than taxi driver profitability. Uber/Lyft have many highly paid employees too. Most taxi services are probably just ramen profitable except in a few lucrative areas.