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You should view it the same way it has happened in other private sectors. Look at how automation has happened at McDonalds where they now have kiosks instead of cashiers taking orders. Yes, there are less cashiers but the rest of the restaurant is still staffed by humans.

Automation is gradual.

Most luxury vehicles have park assist (parallel parks by itself) which makes a valet鈥檚 job easier. Yet, park assist has not eliminated the the need for valet service.

A lot of luxury vehicles already exhibit features of self driving tech. The new Navigators have self drive during stop-and-go traffic.

If you think Uber is going to throw technology that is currently only available in luxury vehicles and charge people uberX rates鈥攖hen think again.

Riding in a fully robot vehicle is a luxury. And they would be stupid to charge less than UberX rates. The first people to lose their jobs in rideshare are black car drivers.

Uber bought 20,000 Volvo CX90鈥搒o I believe they have plans to introduce a semi-robot experience at black car rates. The first robot car fleets will have one human inside whose job is to observe passenger conduct. They will most likely be trained on how to operate and over ride the system.

Perhaps the people manning this robot fleet will be 鈥渆mployees鈥 paid 15$ per hour.

Finally, the investment move from Toyota suggests that IF Uber demonstrates a model that is profitable, then Toyota has dibs on who gets to build the next gen fleet of automated cars. This is only a speculative move by Toyota and I view it as a 鈥渇oot in the door鈥 rather than a full collaboration.
 

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I agree that they are a while off from fully automated cars. It may work in a warm climate but how will they work in 6 inches of snow when the roads are covered? I can remeber when I was a kid in the 70's they said we would have flying cars by 1999.
 

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I agree that they are a while off from fully automated cars. It may work in a warm climate but how will they work in 6 inches of snow when the roads are covered? I can remeber when I was a kid in the 70's they said we would have flying cars by 1999.
Automated vehicles will most likely service routes with highest history of traffic. Depending on climate, the robot cars will either be sedan or SUV. You do not see police driving sedans during winter in MN. All police drive ford explorers during winter. Robot fleet will be the same way.
 

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If you think Uber is bleeding money now.. think of buying 2 million self driving cars.. just for the US market. Even at a very cheap bulk price of lets say $20,000 per vehicle that would be 40 Billion dollars! They had better raise their rates.

Maybe cut the fleet by 75% since it would be more efficient? OK. Still 10 billion dollars... LOL :smiles: Plus more insurance coverage... and maintenance... and tires... and brakes... and car washes.. puke cleanup... sex cleanup (yep.. if no one is there I bet this happens) LOL good luck. I'm guessing 50+ years from now.. maybe. And least for the full fleet. Uber and Lyft will be gone LONG before 50 years. Unsustainable.
 

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If you think Uber is bleeding money now.. think of buying 2 million self driving cars.. just for the US market. Even at a very cheap bulk price of lets say $20,000 per vehicle that would be 40 Billion dollars! They had better raise their rates.

Maybe cut the fleet by 75% since it would be more efficient? OK. Still 10 billion dollars... LOL :smiles: Plus more insurance coverage... and maintenance... and tires... and brakes... and car washes LOL good luck. I'm guessing 50+ years from now.. maybe. And least for the full fleet. Uber and Lyft will be gone LONG before 50 years. Unsustainable.
And then lets see how PAX treats cars with no drivers. How much trash will they leave?
 

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When there is an accident now, mostly due to human error, the insurance companies step in and do the dance for their insured client. But with autonomous vehicles, there is an equipment manufacturer to sue. Was it a failure of the lidar, the IR sensors, the video ingest, the system that integrates all of that and who knows what else? As these vehicles begin deploying, the trial lawyers in this country will all be putting down payments on mansions and yachts as they lick their chops over the prospect of going after all sorts of companies!
 

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If you think Uber is bleeding money now.. think of buying 2 million self driving cars.. just for the US market. Even at a very cheap bulk price of lets say $20,000 per vehicle that would be 40 Billion dollars! They had better raise their rates.

Maybe cut the fleet by 75% since it would be more efficient? OK. Still 10 billion dollars... LOL :smiles: Plus more insurance coverage... and maintenance... and tires... and brakes... and car washes.. puke cleanup... sex cleanup (yep.. if no one is there I bet this happens) LOL good luck. I'm guessing 50+ years from now.. maybe. And least for the full fleet. Uber and Lyft will be gone LONG before 50 years. Unsustainable.

This is from 2017. They've already bought the fleet. It only costed 1 billion.
 

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WOW! Now only 1,976,000 to go to replace us all!
No. Volvo CX90's are luxury vehicles. The demographic they are targeting is black car riders.

Black car rates have remained consistent through the years. Uber cuts rates on UberX because that is not the market they wish to enter with robot cars.
UberX gets people to use the Uber app the same way the dollar menu gets people to come to McDonalds. There will always be an UberX the same way that there will always be a dollar menu. Dollar menu operates at a loss the same way UberX operates at a loss.

Remember that the core of Uber from the very beginning is Black Car service. They cut prices to compete with Lyft. The Lyft culture is "affordable" rides for everyone including homeless people. You don't see that bullshit in Uber culture.

And if they really wanted to replace the UberX fleet, they would have purchased a billion dollars worth of Prius.

Motor vehicle Vehicle Automotive design Automotive exterior Head restraint


Volvo cx90 inscription
 

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Automated vehicles will most likely service routes with highest history of traffic. Depending on climate, the robot cars will either be sedan or SUV. You do not see police driving sedans during winter in MN. All police drive ford explorers during winter. Robot fleet will be the same way.
You do not see police driving sedans during winter in MN.

That would be except for the vast majority of 500 + MN State Patrol cars, which are Ford Taurus sedans.
 

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You do not see police driving sedans during winter in MN.

That would be except for the vast majority of 500 + MN State Patrol cars, which are Ford Taurus sedans.
Which ford will stop making along with fusion, fiesta, and ford focus. Law enforcement fleets will all be SUV in the near future.


Robot cars where it snows all the time will be SUV. Robot cars in the desert (Las Vegas) are sedans currently operated by Lyft.

If there is a threat to UberX and basic Lyft rides-it will be Lyft that will introduce robot sedans to chauffeur homeless people.
 

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I guess they can't lose money fast enough. Current market cap on Lyft is over 16 Billion. The company is no where close to turning a profit. This stock will be an exact reply of Boston Market and Kryspy Kreme. Just cashed in my short position on Lyft. Cha-Ching!!

P.S. guess who is going to get squeezed in an attempt to make this dog with fleas profitable?
 

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