3 ms·

And even longer still before it's economically more rational to do so, versus paying one of the many low skilled workers handling the job now.

• minthd 12y ago
  There was a study that used Google's self driving car costs, and claimed that cost per mile is much cheaper than taxi's.
• rhino369 12y ago
  If we had cheap self driving cars, it would be immediately economical. Those cheap low skilled workers are still taking 80% of the revenue.
  • dougabug 12y ago
    The Uber drivers are paying for the cost of the car, gas, maintenance, parking/garage, most of the insurance, etc. plus supplying the labor, while Uber takes probably around 80% of the profit. Getting rid of the driver means that Uber would have to spend ~$50B to put a million self driving cars on the road, which would immediately start depreciating. Plus it will need thousands of well situated facilities necessary to garage, maintain, and dispatch them.
  • CPLX 12y ago
    Yes and if we had an immovable object it would be immovable.