Re:Lyft Loses $600M in 2016 as Revenue Rises to $700M
by ghaff on Sunday January 15, 2017 @02:57PM
(#13406018)
From all the automakers who are also developing autonomous technology?
In any case, the door-to-door 100% driverless tech that Uber/Lyft/etc. require to eliminate drivers is almost certainly many decades away. It seems unlikely they can sustain massive losses for a fraction of that time even if they did have some sort of competitive advantage once that future arrives.
In any case, the door-to-door 100% driverless tech that Uber/Lyft/etc. require to eliminate drivers is almost certainly many decades away. It seems unlikely they can sustain massive losses for a fraction of that time even if they did have some sort of competitive advantage once that future arrives.