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I think the problem really is profit. Pepsi and Coca-Cola both sell sugar water, a commodity, at a profit. Lyft and Uber have made rides a commodity but at th
by moocow01 8y ago
I think the problem really is profit. Pepsi and Coca-Cola both sell sugar water, a commodity, at a profit. Lyft and Uber have made rides a commodity but at this point it looks like commoditization of rides is not able to be sold at a profit. I think they both are touting that scale and technology will lead them to profitable rides but its not obvious that this is going to ever come true in a way that justifies their value. To me the scary part for them is that they already have commoditized their product.
- windexh8er 8y agoIn my opinion the outstanding question today is: are they both too early? It's currently a race to the bottom of driver oriented rides. As soon as driverless becomes viable the current rider fee suddenly shifts to being a more positive profit margin and also shifts opex back in favor of both. But can either last long enough to get there?
- LordHumungous 8y agoDriverless could become viable in five years, ten years, or never. It's too unknown at this point to make business decisions on.
- spookthesunset 8y ago> As soon as driverless becomes viable Alexa can't even turn on my living room lights more than 50% percent of the time. I'm not holding my breath for driverless cars coming any time soon (if ever).
- thewizardofaus 8y agoThis is so sad alexa play despacito
- TylerE 8y agoTo nitpick: Neither Coke nor Pepsi actually sells sugar water. They sell syrup. It's the independent local bottlers that actually add water.