inverse_pi
Joined 10 years ago
Joined 10 years ago
If Lyft and Uber are so easily exchangeable, why is Lyft is still a minority in the US while spending more money?
There's something more interesting here.
actual millionaires not paper millionaires :).
> but will hopefully blow up
why do you wish others to fail so bad?
This can be a reason why one would be more interested in Lyft. Uber seems like a distracted player who's losing money on many other markets and businesses, not to mention hundreds of millions of dollars on self-driving cars (and flying cars?!). Lyft is much cheaper (15B valuation), while Uber is much more expensive (120B?). If I invest 1B in Uber, my money would vanish in 1 quarter (yes they're losing 1B/quarter). Those 1B dollars would be split to invest in flying cars, uber eats freight bike/scooter, battles in India Middle East. On the other hand, if I invest 1B in Lyft, I'm sure those 1B would go towards gaining market shares in the US which is by far the most important market for the two players.
Second of all, personally I think if Lyft failed and the stock dropped by half. Some other dominant players would look to acquire Lyft. I'm thinking about Google's Waymo One plus Lyft's network. Apple seems to have a lot of cash to burn also, and they're also developing SDC. On the other hand, Uber's share price has to drop more than 10x in order for it to come close to a reasonable acquisition price.
The short version is you have to ask the right questions. Naturally for every theorem or equation, there are 3 big questions:
1) What does the theorem/equation say? What's the intuition behind it?
2) Why is it true?
3) How does one come up with it?
One must ask these questions in the exact order. To understand what the equation really means, you should break it down further to smaller components. What is this variable? What does it represent? What is the intuition behind what it represents? What's the implication when the variable increases, decreases, etc? Do that for every single component in the equation/theorem. One should fully understand the intuition and clearly describe all quantities before trying to look at the equation/theorem as a whole.
To understand why an equation/theorem is true you need to build up a repertoire of theorems related to the quantities of interest. The bigger your repertoire, the easier you can prove or disprove something. The more advanced way is to build up intuition around the quantities of interest then come up with intuitive hypotheses. The hypotheses are often easier to prove/disprove. The process repeats.
- model free methods have seen great success in terms of learning high dimensional tasks however it suffers from being sample inefficient. In other words, it takes too long for real robots. Examples of these methods are TRPO, PPO, ES, etc
- model based methods is an order of magnitude more efficient, and thus, are more practical on real world robots. However, these methods have high bias and most working models are simple in terms of representation power, e.g. GP, time varying linear, mixture of Gaussians,. Examples are PILCO, GPS, PETS, etc
Of course, SOTA is a lot more complicated but it's a short explanation to your observation.
What makes Voyage different? From what I understand, you pick canonical routes inside private communities. Let's assume demand on these routes are high enough, and there are enough private communities to make a significant market. What prevents Google from coming in and mapping the area in a week and run you out of business? Let's say, hypothetically, I'm a self driving car engineer, why would I pick Voyage over other big players who have a lot more capital and much bigger team with a lot more people like Drew Gray?