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The Tesla robotic Uber thing can totally work but it's not going to work if everyone with a car now, tries to use it. It'l flatten out to find the break event p
by lathiat 6y ago
The Tesla robotic Uber thing can totally work but it's not going to work if everyone with a car now, tries to use it. It'l flatten out to find the break event point.
But that's a normal market effect and the same as Taxis which traditionally (at least in many places) had quotas to stop people not getting enough jobs to fulfill their wage (Taxi 'Tag' or 'Plate' or 'License'); or similar effects on the number of Uber drivers which obviously are not restricted so you have a sort-of imperfect market effect there where it's not worth more drivers joining as they won't get paid enough and some will leave.. or part of why supposedly surge pricing will drive drivers to leave to further away areas to take more jobs, etc.
Not a market expert but just wanted to note that while, in effect, you are right.. it's not really surprising, unexpected or unprecedented and not a pyramid scheme :)
- ralfd 6y agoIt can work for Uber, because this is Ubers core business. It can work for Tesla, because they have a market share of <0.5%. Toyota, Volkswagen or General Motors would maybe have less revenue with shared cars utopia.