I'm interested to see where all the major players end up in 5yrs: • Tesla bootstrapping a ride service on the backs of buyers • Waymo directly rolling their own fleet • Uber trying to get a self-driving fleet up, burning mountains of money to maintain their "monopoly" on Uber for rides • Lyft working with GM to get a fleet up • All of the other car manufacturers trying to get autonomous vehicles going, presumably hop…
1) It will take atleast 5-7 years for self-driving cars to become ubiquitous. Till then there is good uprising market for every player to make money. secondly, if you have a product ready, it might open up new markets in future which currently no one realizes.
2) Car ownership will still be there. People who can afford it will still prefer private self-driving car than waiting for Uber/Lyft. I would say self-driving private car will be seen as a new luxury status.
3) car manufacturing will definitely go down with less demand but car manufactures will venture into different pricing model with ride companies. Right now, a car is a one time sell for a manufacturer. It might be subscription which ride company uses.