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by alex_young 2934 days ago
This sounds exactly like the ridesharing model. Drown the market in money, kill off your competitors by undercutting on price, then jack up prices to make a business.

The problem, like ridesharing, is once you start raising prices, you just lost all of your customers to a new competitor that hasn't spent all of their money.

I don't see how this model can possibly work. The barrier to switching is almost 0 to the user - you can already see that by looking at the Uber & Lyft tags on every car you get in. Installing another app isn't as hard as swapping insurance providers or mobile platforms.

3 comments

>then jack up prices to make a business

Of course this hasn't happened in the rideshare market yet - it's cheaper than ever before. I've found Uber Express prices to be almost unbelievably cheap recently.

Seems like there's at least some non-zero chance that these prices remain low until autonomous vehicles make them permanent and sustainable.

UberX prices have done nothing but increase in San Francisco for years. The minimum fare went from $5 to $7, the service fee from $1.35 to $2.20, etc.
> UberX prices have done nothing but increase in San Francisco for years

So, like everything else in SF then.

....yes

Also in the world...

https://en.wikipedia.org/wiki/Inflation

Only chance I see is put cameras on them collect the visual data along with the other sensors then you have a run away data set for a set of autonomous vehicle that navigates a sidewalk.
>The problem, like ridesharing, is once you start raising prices

And once you start raising prices, Aima and Niu waltz in and sell scooters for a price cheaper than a single ride