3 ms·
> Ride-hailing workers were already often working for less than minimum wage. That's the problem. People want taxis. Taxi drivers are both underpaid and also
by CobrastanJorji 2y ago
> Ride-hailing workers were already often working for less than minimum wage.
That's the problem. People want taxis. Taxi drivers are both underpaid and also expensive. Removing the driver is a very expensive research process, but once you've done it and rolled out the solution nationally, you're saving a lot of money.
And you're also creating a huge moat against competition. Say Google "finishes" self-driving cars, stops needing to spend nearly as much money on researching/developing the software, and mostly has figured out scaling. It's now far cheaper for Google to drive around than Uber. They can easily charge less than basically everyone who isn't willing to spend billions developing self-driving cars.