4 ms·
> originally thought autonomous cars would greatly reduce costs In general, it's a mistake to think that selling price has anything to do with the costs. The p
by perryizgr8 3y ago
> originally thought autonomous cars would greatly reduce costs
In general, it's a mistake to think that selling price has anything to do with the costs. The price is simply what the market will bear. If people are paying Uber $x for a service, waymo would be stupid to price the same service much lower than that. If their costs are much lower, they would rather make that much more profit. If the rider wants a small piece of that pie they can invest in the business (via stocks in the case of Google).
- dageshi 3y agoI think more realistically google right now does not want to undercut uber and by extension real drivers who're doing it for a living. They don't need that kind of bad publicity when potentially the licenses they operate under could be pulled given enough political pressure. I wouldn't consider current pricing indicative of what it might ultimately be, consider that if aggressive enough google could divert a big portion of the countries car spend to themselves.