Re:U.S. Judge Rejects Uber’s Proposed $100M Settlement with ...
by kesselvon on Friday August 19, 2016 @01:36PM
(#12321805)
Taxi's drive around looking for fares. Uber can better optimize the time used through an algorithm. I'm betting there's a lot of time wasted for cabs that rely on street hails.
So in theory can normal cars. Many taxi companies (and I'm assuming at least some Uber drivers) share one car between 2-5 drivers to maximize the time on the road.
The other aspect you're not considering is that even after you take economies of scale into account a driverless car will almost certainly cost more than the market price of the current median Uber car. I'm guessing that $3000-5000 will get you a perfectly Uber-worthy car that will give you years of fairly trouble free use. What will a driverless car cost?
And that is ignoring the fact that most Uber drivers would have owned and maintained a car even if they had had a different job, so the only 'cost' is the marginal cost of extra maintenance being used as an Uber car causes.
Also I wouldn't be surprised if maintenance costs will also be higher at least in the short-to-medium term due the complicated and experimental nature of the components involved.
So even if there are long term savings I imagine that they will take a long time to materialize and even longer to show up in fare-prices, unless Uber decides to subsidize driverless fare to kick start the market.