Market capture didn't work so well for Uber, and it won't work for AI, and even less so for AI because you can't get a driver in China to take you to LAX airport, but you can use cheaper Chinese AI.

Uber has to pay back all the billions of dollars it wasted trying to get people to use their platform, and now I can't afford most Uber or Lyft rides, it's way too expensive. So did market capture really work if they had to raise their prices so much as to make the service unworkable for most people? The only time I take uber is if my company pays for it, and that is getting less often.

AI is also going to have to become way too expensive so they can pay back the billions (trillions?) it is borrowing. And, when everyone is laid-off or fired because AI took their job, then who's going to be paying for AI? I guess the companies that lay off all the humans will, but when the wealthy business owners realize they've replaced everything with AI and nobody is buying what they are selling because there's no more jobs, then what?

Sounds like they should worry about profitability, and a lot of other things too.

> market capture really work if they had to raise their prices so much as to make the service unworkable for most people?

Hate to say it, but in this case you’re not the market so you are irrelevant.

Here’s data from Chicago, USA, showing Uber and Lyft dominate the market now, so yes, it worked.

https://toddwschneider.com/dashboards/chicago-taxi-ridehaili...