re: Uber opens its books to bloomberg

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I think it's still a long game with investors seeing a fleet of self driving cars as the ultimate destination. I mean it's an onbscene amount of cash burn even for a unicorn, but I think the belief is if self driving cars take off they are going to be swimming in profits.

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Someone help me out here. I feel like once self-driving cars become available - it will practically crush the pay for a ride service industry like Uber. A large % of their clientele have to be drinkers who need a DD or people living in huge cities who don't feel like dealing with the traffic- both of which could conceivably buy and use their own self driving cars instead.

Sure it would take some time before the public all made the switch to self-driving cars, but once it happened - Uber is left relying on only those who can't afford the self driving cars. Maybe the cars will be super expensive, but once the tech is there- surely there will be copycat manufacturers offering affordable varieties? Just seems like even by banking on the self-driving car, it's a self-destructing timebomb waiting to happen for them unless they shift to dealing cars?

What am I missing? How does a fleet of self-driving service cars make money if people can buy their own self drivers?