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Originally Posted by Street Pharmacist
Think of it as I posted above. What's the biggest cost to Uber? People.
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And the biggest cut of the driver's share ends up going to pay for the car. Which Uber has to pay for if it owns its own cars.
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If you cut insurance down by 90% (autonomous cars would likely reduce accidents by at least this amount),
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Which would also apply to your privately owned autonomous car.
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split the rest (excluding fuel) by the other 9 people riding the car.
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Only if the 9 other people have the exact same start and destination. Otherwise, based on the experiences of taxi and Uber drivers, the car actually drives much more to deliver 9 people to their destinations, with such cars typically spend inghalf or more their actual driving distances empty with no passengers, which ends up reducing the life of such cars much more rapidly.
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You also don't have to pay for the driver. That $9 uber ride now has a cost of a couple bucks at most.
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But when you have your own car, you don't have to pay yourself. That's what TAAS has to compete against, and why autonomous privately owned cars will annihilate TAAS.