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To be fair: It seems like Sam wrote this in response to queries after he posted this tweet "just did the math. it's now cheaper for me to get rid of my car an
by cjbarber 12y ago
To be fair: It seems like Sam wrote this in response to queries after he posted this tweet
"just did the math. it's now cheaper for me to get rid of my car and uber everywhere (gas, parking, maintianence, insurance, depreciation) ."
And then he posted the calculation on Twitter.
- mikeash 12y agoThat would be fine if the article was just about his personal costs. But it's not. The last paragraph makes it clear that he thinks this calculation applies to enough people to make a difference of billions of dollars in Uber's valuation.
- rdl 12y agoThere's an argument that while Sam's living in the future, other people will be joining him.
- mikeash 12y agoI really hope the future doesn't involve an order of magnitude increase in the cost of car ownership.
- plorkyeran 12y agoNot to mention that if the cost of car ownership does go up an order of magntiude, the price of uberX would probably also go up quite a bit.
- mikeash 12y agoThat's the big problem I see with getting any significant number of people to use the service. Most people use cars to commute. An UberX driver is generally only going to be able to handle one person's commute, since most people commute at roughly the same time. Most of them won't find any work at other times, because demand is much lower. So for that to work out, most UberX drivers would effectively be one person's private chauffeur, and somehow this is supposed to be cheaper than owning a car yourself, even though you'd effectively be paying for your own car and a driver. I'm sure it can scale up more than now, but how much farther?