alt Hacker NewsI’m so excited for driverless cars, and I wonder how this will affect the shift towards services like Waymo. If the choice of whether to take Waymo vs Uber comes down to cost, unions seem like they would shift the usage towards Waymo. (or Waymo simply increases prices to match)
Replies
SequoiaHope • today at 3:02 AM
Presuming that paying fair wages drives up service price. Uber and Lyft may increase prices a bit, but there are other factors that affect customers willingness to pay which don’t change with increases in driver compensation. The companies can always choose to take slightly less profit to pay a fair wage, and they might make that choice if it’s less painful than the loss in paid rides due to a price increase.
onetokeoverthe • today at 5:17 AM
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The economics of self driving taxis is still to be determined. Waymo right now costs significantly more than Uber and Lyft and service is extremely limited. And Google is still pouring billions into the division with no expectation of profit in the short term. A lot has to change before self driving taxis will seriously start to displace regular ones.