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by dudus 692 days ago
Since Uber and Lyft make no money it's not a reasonable comparison, they are only cheap because they are financed by VC money. Uber and Lyft only exists today because there's an expectation that in a not so distant future they'll be able to replace all their pesky drivers that demand compensation and benefits for Waymos.
1 comments

Uber is significantly profitable.
Possibly only because drivers don't realize the hidden cost of insurance, maintenance, accidents, fuel, etc. It's anyone's guess if there is a limitless supply of desperate drivers, or if they will wise up.