Uber vs. Car Ownership
blog.samaltman.com
Uber vs. Car Ownership
1–10 of 79 posts
Re: Uber vs. Car Ownership
#2Imagine what will happen when we combine decentralized car use with autonomous driving. Uber is already cheaper than driving yourself around, but think how affordable it would be if no Uber driver was needed at all.
Re: Uber vs. Car Ownership
#3this is not worthy of HN and the concept has been touched on many times here. i only blogged it because it was too long for a tweet and i wanted to reference it in a discussion. please don't upvote.
Re: Uber vs. Car Ownership
#4this is not worthy of HN and the concept has been touched on many times here. i only blogged it because it was too long for a tweet and i wanted to reference it in a discussion. please don't upvote.
I actually think it's an interesting topic and would have liked to see some discussion around it, what's the issue with that?
Re: Uber vs. Car Ownership
#5> This calculation is why I think Uber is still undervalued. The people who say Uber is only worth $4 billion or whatever don't think enough about people like me who will go from spending ~$500 a year on taxis and car service to ~$12,000 now that the experience and cost have reached a tipping point.
This is a lazy analysis.
Are there folks who will trade car ownership or public transportation for Uber and services like it? Absolutely. But what is the size of that market? How much of that market has Uber already tapped?
Sam's post assumes that Uber's current valuation doesn't take into account this segment of the market and that this segment of the market still offers Uber significant growth potential. Maybe he's right, but he provides absolutely no evidence and doesn't even attempt to come up with hypothetical numbers for consideration.
Re: Uber vs. Car Ownership
#6Still not sure how this would work for anybody with a family and kids and/or living outside of urban areas (the majority of people). Has this been touched on in previous discussions? Would love to hear some thoughts.
Re: Uber vs. Car Ownership
#7this is not worthy of HN and the concept has been touched on many times here. i only blogged it because it was too long for a tweet and i wanted to reference it in a discussion. please don't upvote.
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Re: Uber vs. Car Ownership
#8Imagine what will happen when we combine decentralized car use with autonomous driving. Uber is already cheaper than driving yourself around, but think how affordable it would be if no Uber driver was needed at all.
Why do you think the consumer will see any significant price benefits from automation instead of having the profits diverted to shareholders, executives or as reinvestments?
Re: Uber vs. Car Ownership
#9Imagine what will happen when we combine decentralized car use with autonomous driving. Uber is already cheaper than driving yourself around, but think how affordable it would be if no Uber driver was needed at all.
Why do you think the consumer will see any significant price benefits from automation instead of having the profits diverted to shareholders, executives or as reinvestments?
Because competition drives prices down until they're close to costs.
Re: Uber vs. Car Ownership
#10Imagine what will happen when we combine decentralized car use with autonomous driving. Uber is already cheaper than driving yourself around, but think how affordable it would be if no Uber driver was needed at all.
Why do you think the consumer will see any significant price benefits from automation instead of having the profits diverted to shareholders, executives or as reinvestments?
Competition?