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The idea is that Uber will develop a self-driving car that will ultimately offset its loss leader, much like Amazon and AWS.
by incrudible 4y ago
The idea is that Uber will develop a self-driving car that will ultimately offset its loss leader, much like Amazon and AWS.
- semiquaver 4y agoThat was the idea once; They gave up on that part, their self driving car division has been shuttered and they don’t plan to replace it. From the article: > Uber's bag of tricks is nearing its bottom. Its fantasy of magic, self-driving robo-taxis is over (the company spent $2.5b to make a car that had a fatal crash every 0.25 miles, and then had to pay another company $400m to take the division off its hands): > https://pluralistic.net/2020/12/08/required-reading/#goober
- bigDinosaur 4y agoHuh. A piece of news perhaps many missed due to other events overshadowing it completely? I had no idea.
- preommr 4y ago2.5b seems like a drop in the bucket for what would essentialy revolutionize the world of transportation.
- antisthenes 4y agoNot when competitors are achieving better results with less. The first to full vehicle autonomy will reap the majority of the rewards and market share. Also, we'll never really know the exact numbers and how much of it went to actual R&D and miles-driven testing.
- xuki 4y agoNow this has been proven a pipe dream, I really don't understand the current valuation of Uber.