While I think now is probably the time for lyft to strike while the iron is hot, I appreciate nytimes' candor in acknowledging neither Lyft nor Uber has demonstrated a "financially viable business". The road ahead is undoubtedly not easy for Lyft.
In the magical future where self-driving cars will be able to replace 100% of what a driver does 100% of the time, what barrier to entry will protect Uber from competition? What stops someone from leasing a few dozen vehicles, and opening up their NotUber self-driving taxi service?
A completely different business model where they suddenly own tons of depreciating capital assets. Or are they going to franchise out the car ownership and keep relying on people to not realize they're losing money?
a13n|9 years ago
Self driving cars
vkou|9 years ago
semiquaver|9 years ago
astrange|9 years ago