• BlameThePeacock
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    11 months ago

    There are three ridesharing companies in the city I live near, plus regular taxis. Is there an example of a region that only has Uber that you can think of? Airbnb also has competition from VRBO and local hotels keeping nightly prices down.

    The engineering to design the product is built into the cost of the vehicle, it gets amortized over a massive number of units over many years and therefore doesn’t need to be included in back of the napkin calculations like this.

    I’m pretty sure that the government in my country (Canada) would destroy a self-driving car monopoly before it could establish itself. The EU probably would too. They would likely mandate the company license it’s tech to other manufactures at government set rates like they do currently with a few other industries like Cellphone networks. That being said, there are already more than a half-dozen big name companies working on it, I highly doubt only one will succeed.

    I live in an area very poorly served by Taxis, since I’m about a half hour (on a highway) outside of the city. We only have 2 taxis (total vehicles, not companies) in the community that only operate during daytime hours and a ride into the city is about $50 one way. $300 doesn’t go very far when a return trip is $100+ tip. The bus into town only runs twice in the morning and twice back out in the afternoon and if your destination isn’t directly on the main route it can take 2+ hours to get to a specific location in the city.

    Self-driving busses would be great too, they would increase access in many areas reducing the need for cars. They are the exact same tech though there’s almost no difference between driving a car or a bus from a machine learning perspective. The decrease in costs would be less though, since busses are much more capital intensive compared to their labour cost. They may only save 30-40% of costs by eliminating the drivers. Busses also operate at much higher utilization rates already.