Competitive markets always end up with zero economic profit, all the 'profit' is compensation for the efforts and risks in allocating capital. If there is no n

Competitive markets always end up with zero economic profit, all the 'profit' is compensation for the efforts and risks in allocating capital. If there is no need for a human doing the allocation of capital anymore, and the market demand is so liquid that the capital risks are zero, then yeah we'll get autonomous profitless (in economic and accounting sense) cab networks. This is not a 'new' type of corporation. It's just a corporation with one more task automated.