I'm interested to see where all the major players end up in 5yrs:
• Tesla bootstrapping a ride service on the backs of buyers
• Waymo directly rolling their own fleet
• Uber trying to get a self-driving fleet up, burning mountains of money to maintain their "monopoly" on Uber for rides
• Lyft working with GM to get a fleet up
• All of the other car manufacturers trying to get autonomous vehicles going, presumably hoping for consumers to still want to own a vehicle rather than just pay $1 to get a ride
So: How much is Uber's market share worth? I suspect it'll evaporate overnight in every market where another service has autonomous vehicles and they don't.
Also: Private car ownership is going to fall off a cliff shortly after autonomous ride services arrive. Which probably means general demand for vehicles will fall off a cliff.
I predict blood on the walls.
• Tesla bootstrapping a ride service on the backs of buyers
• Waymo directly rolling their own fleet
• Uber trying to get a self-driving fleet up, burning mountains of money to maintain their "monopoly" on Uber for rides
• Lyft working with GM to get a fleet up
• All of the other car manufacturers trying to get autonomous vehicles going, presumably hoping for consumers to still want to own a vehicle rather than just pay $1 to get a ride
So: How much is Uber's market share worth? I suspect it'll evaporate overnight in every market where another service has autonomous vehicles and they don't.
Also: Private car ownership is going to fall off a cliff shortly after autonomous ride services arrive. Which probably means general demand for vehicles will fall off a cliff.
I predict blood on the walls.