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I upvoted your comment because you make great points, but... > Before uber, taxi medallions could fetch $1.5M in New York City I'm not defending the medallion
by breput 5y ago
I upvoted your comment because you make great points, but...
> Before uber, taxi medallions could fetch $1.5M in New York City
I'm not defending the medallion system and it was corrupt af, but there were ordinary decent people who were destroyed by the subversion of this (completely corrupt and anti-competitive) system.
As for the software, eh, the Google Streetview vs. Waymo requirements were one of the weaker points of this article. We don't actually know what data Google collects with their cars (we do know they collect WiFi data[1]), and it isn't inconceivable that they were collecting precise data. It is true that this data ages faster than Google can refresh it, though.
I really believe that the software can scale but it is the real world/physical issues that will prevent this from ever becoming a real business.
[1] https://www.wired.com/2012/05/google-wifi-fcc-investigation/ https://www.wired.com/2012/05/google-wifi-fcc-investigation/