Earlier quoted context omitted.
A hypothetical – since flights are relatively expensive, people usually just go for the cheapest option, so airlines race to the bottom and lose profits. With autonomous vehicles the cost of a ride will be very inexpensive–a few dollars probably–so consumers may focus less on cost in favor of brand loyalty, cool cars, etc, leaving room for providers upsell certain services and profit (turning a $4 ride into a $5 isn'…
I know I will. I’m not going to ride in the Crapton Expresss.
Lyft Self-Driving
71–80 of 176 posts
Re: Lyft Self-Driving
#72http://www.kevinklinkenberg.com/blog/autonomous-vehicles-a-v... https://www.citylab.com/transportation/2017/12/what-elon-mus...
So I tend to not get excited about Lyft/Uber and autonomous vehicles when presented as a solution for transportation. Whether they will be successful companies is a separate question.
Re: Lyft Self-Driving
#73GM 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 thi…
Re: Lyft Self-Driving
#74Earlier quoted context omitted.
He or she is definitely right about the second point. For more detail on the thought behind the second point, read up on the Jevons Paradox if you're not already familiar with it. https://en.m.wikipedia.org/wiki/Jevons_paradox I'm not convinced about the first idea, though. I think we shouldn't get confused with equating not covering all trips with lack of success. Even if driverless only works for commutes in one or…
I am skeptical of claims that autonomous vehicles would decrease congestion even without taking into account this paradox (i.e., even if the density of cars on the road remained the same). All the claims seem to reference the same study [1], but per the abstract they are just simulating one circular lane of traffic. No "lane changes, bottlenecks, merges, or changes in grade". Intuitively, it seems like once you add a…
Re: Lyft Self-Driving
#75Earlier quoted context omitted.
I am skeptical of claims that autonomous vehicles would decrease congestion even without taking into account this paradox (i.e., even if the density of cars on the road remained the same). All the claims seem to reference the same study [1], but per the abstract they are just simulating one circular lane of traffic. No "lane changes, bottlenecks, merges, or changes in grade". Intuitively, it seems like once you add a…
The original post even mentions that it’s if deployed on a wide enough scale. The point is that f it is, it will end traffic. I haven’t seen any arguments that address what they’re talking about it here in this thread so far.
Re: Lyft Self-Driving
#76I recently read a couple (long) articles basically arguing that the simple answer to transportation woes is not about self-driving cars and hyperloops, but basic simple steps to make cities more pedestrian friendly and improvements to mass transit: http://www.kevinklinkenberg.com/blog/autonomous-vehicles-a-v... https://www.citylab.com/transportation/2017/12/what-elon-mus... So I tend to not get excited about Lyft/Ube…
Self-driving, solar cars solve all problems of mass transit and are far cheaper, since they use existing roads.
Re: Lyft Self-Driving
#77Re: Lyft Self-Driving
#78Earlier quoted context omitted.
>The airline industry is unprofitable mainly because the pilots capture most of the money. Their union gives them nearly unlimited pricing power. The U.S. Bureau of Labor Statistics reports that the average salary of a Commercial Pilot is $73,490 per year. This seems low given the sheer number of hours of training involved.
The average is meaningless. New regional airline co-pilots barely earn enough to eat. Senior captains for major airlines are paid very, very well.
Re: Lyft Self-Driving
#79Earlier quoted context omitted.
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.
Tesla on the other hand has hundreds of thousands of cars on the road and is rapidly on their way to 1M cars. Data won’t be as raw and abundant, but that doesn’t mean it isn’t potentially very useful none the less.