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re: Uber opens its books to bloomberg

Posted on 4/17/17 at 4:13 pm to
Posted by barry
Location, Location, Location
Member since Aug 2006
50368 posts
Posted on 4/17/17 at 4:13 pm to
The model is that once self driving cars exist, there is no point in owning one.
This post was edited on 4/17/17 at 4:14 pm
Posted by Tigerfan56
Member since May 2010
10521 posts
Posted on 4/17/17 at 4:25 pm to
quote:

The model is that once self driving cars exist, there is no point in owning one.


I'm not saying you're wrong, I just don't understand this. Will rides be so much cheaper? What about long trips and vacations? How can rides become so cheap that it wouldn't make sense to own a car at all (unless the self-drivers are priced as a luxury item)? Most people taker their car to work every day and back, plus trips to the gym/store/any other activity. It would be way more convenient to own your own for every ride than have to wait for Uber to get one to you.
Posted by Lou Pai
Member since Dec 2014
28149 posts
Posted on 4/17/17 at 7:32 pm to
Doubt it plays out like that for the middle class. Think soccer moms, etc. Many people like the security of owning their car if they can afford it. And right now, car ownership is a pretty easily attainable thing for the middle class. And if recent trends are any indication, many of them like the inherent luxury of SUVs.

There is somewhat of a debate on whether we see increased urbanization or suburbanization in the future. More urbanization means fewer cars owned, but that is to some degree inevitable anyway.

Something unrelated that I like to contemplate... self driving cars are definitely an exciting development for disabled folks. Imagine a blind person being able to run errands unassisted. Their car gets them to the store and parks itself, then swings back by to pick them back up.
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