Reply to post: Re: I'm not sure I see how they get to profitability

What's that? Uber isn't actually worth $82bn? Reverse-gear IPO shows the gig (economy) is up

Time Waster

Re: I'm not sure I see how they get to profitability

Good point on the cost of Johnny-cabs, I’d not considered that major change to the business model. Realistically they’re nothing but a pipe dream / marketing gimmick anyway. Whilst self driving tech is undeniably improving, surely even Uber execs can see there is no way the technical, legal, logistical, ethical and image problems of entirely driverless cars are likely to be solved any time soon. Certainly not soon enough to appease shareholders demanding profits.

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