>But neither network effects nor technology will change overall number of people who need rides (demand) and the fact that driving cars is unskilled labor. Thi

>But neither network effects nor technology will change overall number of people who need rides (demand) and the fact that driving cars is unskilled labor. This may be unrelated but I don't see how technology changes doesn't increase demand. If Uber is convenient/cheap enough that people forgo car ownership and decide to use Uber, doesn't that increase demand. Even if, in the long term, car ownership was cheaper, surely there are people who would rather spend $6 today than sign a loan for $6000.