Uber is losing up to $200m every quarter on its driverless car business--to say nothing of their other losses:https://www.nytimes.com/2018/08/19/technology/uber-self-driving-cars.html …
this would be true if taxi fares didn't have any bogus cost that could be attributed to rent seeking from their privileged licensing position
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Sure, agree with you there. But there has to be an alternative between taxis and uber. some sort of decentralised network of car owners carpooling, idk.
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