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What's preventing another competitor from buying self-driving cars themselves and pushing the margins on automated taxis down to a commodity product? Anything
by gitah 12y ago
What's preventing another competitor from buying self-driving cars themselves and pushing the margins on automated taxis down to a commodity product?
Anything that you need to pay for has a chink in the network effect armor. All a competitor needs to do is price cheaper and all your users will flock to them.
Tech companies survive on fat margins, but I think this industry is heading the other way.