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Re:Lyft’s revenues double, losses quintuple and prospects da... by erikpukinskis on Friday May 10, 2019 @01:08PM (#19879851)
No, I mean built the app, maintain it, build a relationship with users, get people to download it and tell their friends, all of that.

> The economics of a [self driving] taxi fleet don't scale to that size.

I'd be interested in hearing your analysis! I haven't heard that one. Tesla claims these vehicles will pay themselves off within two to three years once they can operate fully autonomously.

Re:Lyft’s revenues double, losses quintuple and prospects da... by mimixco on Friday May 10, 2019 @01:19PM (#19879986)
Hubert Horan has done an amazing teardown with his series, "Can Uber Ever Deliver?" But you don't need to be a transportation logistics expert (as he is) to see that there are no national or even regional cab companies. The reason is that, after a certain size, the business simply doesn't scale.
Re:Lyft’s revenues double, losses quintuple and prospects da... by SilasX on Friday May 10, 2019 @02:09PM (#19880565)
Arguably, smartphones, apps, and usage of the drivers' own cars have together reduced the administration costs, and thus raised the scale at which a provider can profitably operate. That interplay of factors hasn't been around for 100 years.

Although I've often speculated if you could have had an Uber-like service in the 80s, where you register with your credit card on file, and then call a number with a location to get an estimate pickup, and then they page a driver to get you, perhaps with an authentication code.