[catdog]

> This is just how the VC game works. Cross-town Uber rides don't stay $5 forever.

Basically yes but there is a small difference I think. Things like Uber took an existing and proven business model. slapped an App on top and priced the competition out of the market. The winner takes it all.

With "AI" it's not yet clear if there will be any winner at all because it's not yet proven if the business model is viable at the "real" price. Think air taxis across town, 5$ a ride, will work at scale for sure, probably won't work for 500$.

[tonyneel923]

Also harder to run the competition out of town ie programmers. It will need to always undercut us for the cost and time.