Hacker News new | ask | show | jobs
by dreamdu5t 3145 days ago
Investors have lost the plot.

Uber is nothing more than a taxi company using VC capital to undercut competitors. There are no self driving cars. That’s just a story to get money and make the brand bigger than its product. Come back to reality.

There is no futuristic mars colony with Uber robots driving everyone around. It’s just a bunch of taxi drivers with dispatch replaced by an app.

2 comments

There are no self driving cars - yet. The time scale to realization is measured in decades - longer than is currently promised but the tech companies involved wont tell you that....

I agree with all you on all the other points.

Fools and their money are soon parted.

But then again, the market can stay irrational longer than any individual can stay solvent.

Ah, screw it; things just happen, what the hell.