>The only issue is that companies like Uber are lying to themselves and their investors that costs will go down significantly in the future. Both through scale

>The only issue is that companies like Uber are lying to themselves and their investors that costs will go down significantly in the future. Both through scale and advances in technology. Which is true. But rarely true to the extent to which they believe it. Uber and other folks who sell whatever it is they sell at a loss -- with no real expectation (other than driving their competition out of business so they can then hike prices well beyond where those who can actually make a profit charge) always reminds me of this[0]. The ridiculous part is that the link below was a parody when created. Now it's a "business model." Sigh. [0] https://www.youtube.com/watch?v=KodqIPMbyUg https://www.youtube.com/watch?v=KodqIPMbyUg