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yalogin 3 days ago

Uber and Lyft are sitting pretty for the moment. They don’t own any cars anyway, now they don’t even have to deal with drivers. Also I am glad google finally found a GTM strategy for their tech. They are building these machines themselves though. These are expensive and cost a lot in maintenance, wonder how the numbers look for them

evgen 3 days ago | parent | next [-]

> Uber and Lyft are sitting pretty for the moment.

The two completely replaceable components of this project are 'sitting pretty'? They should be scared to death because this is in fact the death knell for both companies. If the market decides that they are going to be nothing more than 'fleet management' companies for waymo then their share price will crater.

xnx 3 days ago | parent | prev [-]

> Uber and Lyft are sitting pretty for the moment

Maybe they get something out of it in the short term. Longer term, they are janitorial and service staff that are interchangeable with any number of companies.