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Much of your post is wrong. Would need to evaluate the one-time charges to determine if they actually would be ongoing. Simply having some one-time charges doe
by pbreit 7y ago
Much of your post is wrong.
Would need to evaluate the one-time charges to determine if they actually would be ongoing. Simply having some one-time charges doesn't mean they will necessarily be perpetual.
In fact, the vast majority of riders have a preferred option even without the frequent rider incentives. This is even starker on the driver side.
The advent of pooling and continuing improvement absolutely have had a significant impact on the economics.
Uber has delivered various efficiency improvements including map-based routing and pricing, pooling. Lyft has "Shared Savers" that trade time/walking for lower fares and more efficient pickups/drop-ffs.
In fact, Uber & Lyft are frequently more expensive than taxis because of surge pricing and superior product.
Uber & Lyft are in the best position to take advantage of robo-drivers.
- ganitarashid 7y agoOnce we have robo drivers everyone will have them. If Uber survives until that day, it will have no advantage over a localized competitor like Bobs Taxis with robo drivers.
- onion2k 7y agoUber & Lyft are in the best position to take advantage of robo-drivers. I don't think they are. The cost savings on using driveless cars for taxis are huge. Any operator will be able to massively undercut the competition. Consequently the most sensible thing for whichever company gets a level 5 driverless car first would be to run their own ride company and not sell or license the tech to anyone else. That's what Waymo is all about and why Uber are trying to invent their own driverless tech. Any brand loyalty will evaporate literally overnight as soon as someone launches a driverless ride service simply because it'll be half the price of all the other human-operated services, far more reliable (no more cancellations for a better fare), and probably have many more cars available 24/7.
- b3kart 7y ago> (no more cancellations for a better fare) Wouldn’t be so sure about that. The operating company will still be trying to maximise profits after all.
- malandrew 7y ago> Any brand loyalty will evaporate literally overnight as soon as someone launches a driverless ride service This argument only makes sense if a driverless ride service can be launched overnight. Driverless rollout will take many many years. The slower the rollout and patchier the service availability, the better off the TNCs are.