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Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

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Re: Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

#5
post #3

This is untrue. Without a doubt, with autonomous vehicles, efficient energy usage, storage and harvest via non eco damaging sources like solar power, the cost of rides will get cheaper.

Sure but they need to stay solvent until then

Re: Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

#6
post #3

This is untrue. Without a doubt, with autonomous vehicles, efficient energy usage, storage and harvest via non eco damaging sources like solar power, the cost of rides will get cheaper.

Sure but they need to stay solvent until then

If they don't remain solvent then theoretically the IP would be bought by a solvent corporation that wishes to fill the void.

That is of course unless Uber asks way too high of a price.

That's basically what happened with the Yahoo auction

Re: Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

#7
post #3

This is untrue. Without a doubt, with autonomous vehicles, efficient energy usage, storage and harvest via non eco damaging sources like solar power, the cost of rides will get cheaper.

a bit optimistic i think. the algorithms are already being tuned to "whatever riders are willing to pay" while uber and lyft are incentivized to make as much money as possible.

Re: Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

#8

Earlier quoted context omitted.

Sure but they need to stay solvent until then

If they don't remain solvent then theoretically the IP would be bought by a solvent corporation that wishes to fill the void. That is of course unless Uber asks way too high of a price. That's basically what happened with the Yahoo auction

Yes but I'm sure Uber would rather raise prices now and keep their IP so they can print money with autonomous vehicles later

Re: Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

#9
post #2

The article was written back in August, so are we already seeing the higher prices?

I feel like I've seen pretty high prices in Boston lately. On the other hand I took a trip to Las Vegas and suddenly Lyft was dirt cheap again.

Re: Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

#10
post #2

The article was written back in August, so are we already seeing the higher prices?

> I've noticed this. I can reliably count on Uber/Lyft to price gouge me whenever they get the chance.

Yeah but come on though, the cut the driver has to take, the cost of car maintenance, the cut Uber is entitled to for giving you a reliable service of connecting you to a driver (and co-pool-riders) and making this process smooth -- compare all of that with what a taxi used to cost, it's still pretty cheap in my opinion. Well, at least in the center city where I am (5 dollars yesterday for a ~5 mile ride, not bad).

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