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> Now, if the cost was 35% less per ride than it is today, how much bigger would the market be? 1.5×? It is certainly not much more. "Source?" "I made it up."
by gwern 1y ago
> Now, if the cost was 35% less per ride than it is today, how much bigger would the market be? 1.5×? It is certainly not much more.
"Source?" "I made it up."
- allears 1y agoSo you're saying that if the price dropped by 35%, the market would double? Who's making stuff up here? Or are you quibbling that it should be 1.7x or 1.8x?
- gwern 1y agoI'm not the one claiming anything specific about robotaxi economics. What has been asserted without evidence can be denied without evidence. And I can think of plenty of reasons that there could be kinks or large elasticity changes: for example, thresholds where it becomes cheaper than owning a car in many places, which is currently not true anywhere in the USA AFAIK.