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by Kiro 3333 days ago
Why would this be the end? It's not like they're dependent on self-driving cars.
2 comments

Their CEO disagrees with you.

>“If we are not tied for first, then the person who is in first, or the enemy that’s in first, then rolls out a ride-sharing network that is far cheaper or far higher quality than Uber’s, then Uber is no longer a thing,” Kalanick said.

>“It starts with understanding that the world is going to go self-driving and autonomous,” he told Business Insider in an interview. “So if that’s happening, what would happen if we weren’t a part of that future? If we weren’t part of the autonomy thing? Then the future passes us by basically, in a very expeditious and efficient way.”

Well, I think he's wrong. I don't think Uber would have won the space anyway and I think self-driving cars will require a driver behind the wheel for a long long time, effectively eliminating any benefits for Uber.
They need investments to keep uber running as-is. And without the possibility to self-driving cars obliterating the need for drivers a huge part of the story uber sells to investors breaks away.