[quux0r]

I believe this is somewhat the point of the article. For example, consider the VC subsidizing of Uber in the early days. That was used as a means of fighting competition because Uber could price more competitively than other potential market entrants. I think the same idea applies with Waymo and Tesla. They’re incumbents in the market with significant war chests to have preferential pricing power, which could allow them to push out competition. From here, even if there’s lots of money to be made, people are generally fickle with these types of apps, and it’s not a huge leap to think they’d take the best deal, even if it means that the competition slowly drains out of the market.