Comment by cmiles8

If Uber operated like most AI startups its business model would be to buy new cars every 6 months, sign agreements with every automaker to buy every car they make for the next 5 years despite having neither the cash nor cash flow to pay for that, and sell rides for a fraction of what all this costs them. All while providing a service only moderately better than the boring taxi service that costs the same price and that taxi service just released an app to hail rides. It would then claim it’s worth 100x the valuation of the taxi service.