Why can't Lyft just partner with Waymo? Supposedly they have the best solution right now.
They are.
Lyft Self-Driving
31–40 of 176 posts
Re: Lyft Self-Driving
#32Earlier quoted context omitted.
> This really is the endgame for both Uber and Lyft. I believe so too, but from a slightly different angle: I believe self-driving vehicles will literally mean the end for both Uber & Lyft (and they only accelerate their fate by investing into it). To understand why: their inherent value is their ability to match human drivers with customers. They both do such a good job at it, that the switching costs between the 2…
Tesla has 10x the computing/engineering/cash/data resources to solve the self driving car problem than Uber? In revenue/market cap/profit Uber and Tesla are nearly equal in size. The way I see it, Lyft and Uber are already "big corps", and there are likely several logistic concerns that give Lyft/Uber a major head start on Google despite Google's alleged software superiority. However, I don't see Google releasing a m…
> In revenue/market cap/profit Uber and Tesla are nearly equal in size.
It’s not just cash. Who has been building cars with smart sensors for more than 10 years? Who has self-driving cars on the road already? Who has factories to scale this up to a level that’s required to build an enormous fleet to replace all existing cars? It doesn’t even come close.
Re: Lyft Self-Driving
#33Earlier quoted context omitted.
> This really is the endgame for both Uber and Lyft. I believe so too, but from a slightly different angle: I believe self-driving vehicles will literally mean the end for both Uber & Lyft (and they only accelerate their fate by investing into it). To understand why: their inherent value is their ability to match human drivers with customers. They both do such a good job at it, that the switching costs between the 2…
Tesla has 10x the computing/engineering/cash/data resources to solve the self driving car problem than Uber? In revenue/market cap/profit Uber and Tesla are nearly equal in size. The way I see it, Lyft and Uber are already "big corps", and there are likely several logistic concerns that give Lyft/Uber a major head start on Google despite Google's alleged software superiority. However, I don't see Google releasing a m…
Telsa is having a hard time getting the Model 3 to market. I put self driving cars so far in their future I wouldnt consider them a threat at all. They will eventually be in the market, but well probably have people on Mars first.
Re: Lyft Self-Driving
#34Earlier quoted context omitted.
> This really is the endgame for both Uber and Lyft. I believe so too, but from a slightly different angle: I believe self-driving vehicles will literally mean the end for both Uber & Lyft (and they only accelerate their fate by investing into it). To understand why: their inherent value is their ability to match human drivers with customers. They both do such a good job at it, that the switching costs between the 2…
Tesla has 10x the computing/engineering/cash/data resources to solve the self driving car problem than Uber? In revenue/market cap/profit Uber and Tesla are nearly equal in size. The way I see it, Lyft and Uber are already "big corps", and there are likely several logistic concerns that give Lyft/Uber a major head start on Google despite Google's alleged software superiority. However, I don't see Google releasing a m…
> Tesla has 10x the computing/engineering/cash/data resources to solve the self driving car problem than Uber?
I think GP was being a bit hyperbolic, but I think (but don’t know for sure) Tesla might have 10x the telemetry data. Uber could pass them up though very rapidly if they made some changes to how drivers use phones and what data they collect (collecting video and accelerometer / gyro data for example).
Re: Lyft Self-Driving
#35GM owns 9% of Lyft, and also acquired Cruise, a YC company working on self driving tech. Since you can't invest in Lyft or Uber today, I would advise people to buy GM. I own about 5 times more Tesla stock than GM but I think GM is a really great value today trading at a P/E of less than 7. With the economics of this business transforming fundamentally over the next decade, making cars more of a "tech" business, I think you could see both revenue and earnings multiples increase dramatically. But who knows I could be wrong.
Re: Lyft Self-Driving
#36Earlier quoted context omitted.
Tesla has 10x the computing/engineering/cash/data resources to solve the self driving car problem than Uber? In revenue/market cap/profit Uber and Tesla are nearly equal in size. The way I see it, Lyft and Uber are already "big corps", and there are likely several logistic concerns that give Lyft/Uber a major head start on Google despite Google's alleged software superiority. However, I don't see Google releasing a m…
If I'm not mistaken, Google is partnered with Lyft. https://outline.com/qMtpFx
Virtually everybody working on self-driving cars in a big way has partnered with Lyft at some point (outside Uber I guess).
Re: Lyft Self-Driving
#37I will never join the "shared ownership" communist utopia. And neither will most Americans that live outside of the cities. I appreciate innovation but spare me the feel good crap.
> And neither will most Americans that live outside of the cities.
To be fair most money to be earned in this space is within the cities, so it's still going to happen. Most well off households will be dual-ownership. A personal car for longer, weekend, social trips and share owned for the daily commuter nonsense.
Re: Lyft Self-Driving
#38Earlier quoted context omitted.
Tesla has 10x the computing/engineering/cash/data resources to solve the self driving car problem than Uber? In revenue/market cap/profit Uber and Tesla are nearly equal in size. The way I see it, Lyft and Uber are already "big corps", and there are likely several logistic concerns that give Lyft/Uber a major head start on Google despite Google's alleged software superiority. However, I don't see Google releasing a m…
Tesla already has a fleet of cars mining driving data for it, putting them way ahead of Uber.
The amount of data collected by your average Goog/Cruise/Uber autonomous vehicle is on the order of gigabytes per minute. I highly doubt Tesla is phoning home data at that level of detail.
Re: Lyft Self-Driving
#39Looks like it's LIDAR-based, and it's a partnership with nuTonomy[1]. [1]: https://techcrunch.com/2017/12/06/lyfts-self-driving-pilot-w...
Lyft is investigating all methods to get to Level 5, ruling out or requiring a specific tech doesn’t make sense at this stage.
Re: Lyft Self-Driving
#40I'm skeptical about all this. Hubert Horan [1] has done a great job exposing Uber's failed business model in 11 part series on NakedCapitalism ("Can Uber Ever Deliver?"). Same goes for Lyft. When it comes to self driving cars, why should Uber or Lyft have any massive advantage over other players and what makes us think it won't turn into something like an airline industry which has been unprofitable for most of their…
The airline industry is unprofitable mainly because the pilots capture most of the money. Their union gives them nearly unlimited pricing power.
It's possibly that self-driving cars won't be profitable, but it certainly won't be for the same reason.
There's reason to believe it'll be a winner-take-all market, because more data leads to lower crash rate which (in a world of rational consumers) will make them more popular, in a self-reinforcing cycle.