IMO, we’ve reached the diffusion limit of innovation in ridesharing. Autonomous is a pipe dream and in a recession, human drivers will be cheap.
Uber and Lyft lose money because they’re over-hiring talent and they’re consolidating their monopolies via marketing/market share wars. When the bubble pops, people are going to stick to MS and Apple - they’re not going to jump to Amiga or BeOS.
Uber and Lyft lose money because they’re over-hiring talent and they’re consolidating their monopolies via marketing/market share wars. When the bubble pops, people are going to stick to MS and Apple - they’re not going to jump to Amiga or BeOS.