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Be careful assuming that humans (especially the humans you see) are the lion's share of cost for any system. Sure, Uber passes 60-75% of the fare to drivers, b
by RC_ITR 4y ago
Be careful assuming that humans (especially the humans you see) are the lion's share of cost for any system.
Sure, Uber passes 60-75% of the fare to drivers, but that pays for the depreciation/opportunity cost of the vehicle, the energy to move the vehicle, the insurance, the cleaning, etc.
A lot of the problems that these 'no brainer' new technology start-ups face (e.g., the autonomous delivery robots) is actually that they aren't that much cheaper than humans (for now).
- hinkley 4y ago$5 would be a game changer but as you say, it’s more likely to be $20 which is not that big of a game changer.
- wruza 4y agoNot having to deal with a driver would be worth even the same $50, for a while. I live in a relatively nice-drivers area, but from what I’ve heard about Uber, people would probably pay extra for an empty car (in some situations).
- AussieWog93 4y agoUber/Grab/Taxi fares in South East Asia (where the workers earn ~$10/day) are around that $5 mark, and the cars were often pretty decent.