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by 2bitencryption
2890 days ago
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Uber went from zero to essentially killing off taxis, despite the fact that "a car is a car". Primarily because they don't pay as much for their fleet as a taxi service does. What's coming next is going to be that, except you don't have to pay your drivers anything because you don't have drivers! (yes, there will be huge technical overhead of running this system and maintaining the cars/hardware, but over time this will become mass produced, and become cheap). |
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Primarily because they don't pay as much for their fleet as a taxi service does."
Uber (and possibly other similar companies) is a huge charity for passengers funded with investment money. It's definitely premature to declare they've demonstrated or accomplished anything before they operate on a sustainable basis. I do think using a credit card an app is far superior to the way taxi businesses are traditionally run, regardless of price, but I also don't see why traditional taxis can't adopt the mechanism eventually. At some point, the bubble will burst and capital will be scarcer for a while, and things will realign.