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This is untrue. Without a doubt, with autonomous vehicles, efficient energy usage, storage and harvest via non eco damaging sources like solar power, the cost o
by rasengan 7y ago
This is untrue. Without a doubt, with autonomous vehicles, efficient energy usage, storage and harvest via non eco damaging sources like solar power, the cost of rides will get cheaper.
- helen___keller 7y agoSure but they need to stay solvent until then
- quaquaqua1 7y agoIf they don't remain solvent then theoretically the IP would be bought by a solvent corporation that wishes to fill the void. That is of course unless Uber asks way too high of a price. That's basically what happened with the Yahoo auction
- helen___keller 7y agoYes but I'm sure Uber would rather raise prices now and keep their IP so they can print money with autonomous vehicles later
- dpau 7y agoa bit optimistic i think. the algorithms are already being tuned to "whatever riders are willing to pay" while uber and lyft are incentivized to make as much money as possible.
- heavyset_go 7y agoCosts don't dictate prices.
- quotemstr 7y agoThey do indirectly. A big gap between costs and prices invites competition, which lowers prices. Part of the "play" that ride sharing companies are making is building a moat around themselves so that they'll be able to discourage competition for a while.
- deleted 7y ago[deleted]
- formercoder 7y agoThey do for commodities, which transportation in this case generally is.
- sweeneyrod 7y agoWhy should we expect Uber and Lyft to be the first to solve autonomous vehicles, rather Google/Tesla/a startup that is completely dedicated to self-driving?
- rongenre 7y agoAutonomous vehicles in cities aren't even close. And if they exist, then all the capital and operational expenses of ownership - which they've been fooling drivers into paying -- are theirs.
- bdcravens 7y agoWe're probably 10+ years from any of that paying dividends for Uber and Lyft.