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Can Uber ever make money?

economist.com

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Re: Can Uber ever make money?

#8

Keep in mind that this may not change when driverless cars become widely available. Maintaining a fleet thousands of driverless cars may prove to be more expensive than crowdsourcing a vehicle fleet.

If uber drivers make enough to make their cars a worthwile investment, then I'd assume a fleet of driverless cars are profitable.

Re: Can Uber ever make money?

#9

Keep in mind that this may not change when driverless cars become widely available. Maintaining a fleet thousands of driverless cars may prove to be more expensive than crowdsourcing a vehicle fleet.

Also, unless you are the sole IP owner of pivotal self-driving tech, it will just be a commodity that all ride-hailing services pay to use, meaning that price competition still implies the same poor margins as for traditional regional taxi operations.
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