So their entire company is built on the gamble that self-driving cars will happen before their finances implode?
Comment on 1994 white Kevin
barneypiccolo@lemm.ee 2 days agoUber’s true business model isn’t in place yet. Eventually, all cars will be self-driving, and they can ditch the drivers. The ultimate objective is to replace personal car ownership with a driving service.
Once they don’t have to pay drivers, and they have monthly fees coming in from millions of subscribers, they’ll clean up.
nef@slrpnk.net 2 days ago
adb@lemmy.wtf 2 days ago
I’d argue that this is what they pitch to their investors to continue to fund them. They probably partly believe it but I don’t think they really look that much further than the next quarter.
barneypiccolo@lemm.ee 2 days ago
theotherbelow@lemmynsfw.com 2 days ago
Thanks for the input.
In my opinion, this is definitely copium on uber’s part. Taking on far more debt to try to be a public utility level of too big to fail is laughable. There is always an end stage they need to sell that is bigger and better.
Tabula_stercore@lemmy.world 2 days ago
I think you’re wrong on this one.
Currently uber does not own anything. Repair costs are for the drivers. Buying a car is for the drivers.
If they are not profitable now, replacing driver’s “wage” will only make it more expensive.
barneypiccolo@lemm.ee 2 days ago
I’m not wrong, it’s on their website:
Driving autonomous forward
Then they go onto describe how they are going to use driverless vehicles for personal mobility, delivery, and freight.
Hudell@lemmy.dbzer0.com 2 days ago
I wouldn’t put it past them to still use other people’s self driving cars.