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I guess I wasn't clear. What I meant to ask was, how is Uber a better option after they go out of business because their business model is fundamentally unsusta
by alanbernstein 6y ago
I guess I wasn't clear. What I meant to ask was, how is Uber a better option after they go out of business because their business model is fundamentally unsustainable? If the TNC model eventually reaches some steady state, the cost per mile will be significantly higher than the prices that Uber customers are currently accustomed to. That is not a viable solution for everyone.
- treis 6y agoUber/Lyft's business model is fine. Both earn money on providing rides and Lyft will probably become profitable this year. Even if their model is not profitable, public transportation in my city is subsidized to the tune of half a billion a year. So there's plenty of room for subsidizing. And even if we end up spending more money it's worth it for a system that people actually want to use. With a viable alternative to car ownership more people will give up their cars and use public transport. That will spur demand and maybe make a train system justifiable in the future.