Re:Leaked Uber financials from 2012 to 2014
by prostoalex on Thursday August 06, 2015 @02:57AM
(#10014973)
I am not sure how much of an edge one can gain by doing demand prediction through algorithms. In large markets the patterns are fairly trivial (big game ended, everybody goes home; it's 5 pm in financial district, people are leaving work; busy time at the airport, bunch of flights arriving at once) and known to all participants.
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Re:Leaked Uber financials from 2012 to 2014
by friendzis on Monday August 10, 2015 @01:49AM
(#10032848)
My point was not about (officially or not) scheduled spikes in traffic. These are known for all parties in advance. I was talking more about organic traffic - Random Joe hailing a cab just because. And cabs generally just drive around expecting to catch the Random Joe wasting time/vehicle/fuel. Now if you can predict temporal/geographical density of Random Joes hailing a cab - well, you have an edge there simply by increasing utilisation rate. Is this even possible? Have no idea.