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In the app recently I saw Uber offering to drive you around on your errands. They're just pivoting until they get lucky buyout-wise or until they find a busines
by okprod 5y ago
In the app recently I saw Uber offering to drive you around on your errands. They're just pivoting until they get lucky buyout-wise or until they find a business they can actually make money in. The founder was the smartest to cash out; read somewhere he's been investing in ghost kitchens.
- nikanj 5y agoThey keep on finding new investors who believe true self-driving AI is just behind the corner
- muststopmyths 5y agogiven that they sold their self-driving car unit last year, these "new investors" should be very cautious.
- voakbasda 5y ago> They keep on finding new investors who believe true self-driving AI is just behind the corner Which is ironic, as Uber sold their self-driving unit and doesn’t have skin in that game anymore.
- deleted 5y ago[deleted]
- kcatskcolbdi 5y agoUber doesn't have to invent self-driving for it to have a foundational impact on the industry. Uber with their legislative foothold + market share can still potentially dominate a market with an incredibly low cost of labor if self driving is realized. They would just buy a fleet or the company that makes them.
- dylan604 5y agoDid he cash out because he wanted to, or because he was forced to for being such a stain on the company?
- gvd 5y agoYeah these guys have been emailing be a couple of times. I'm not that passionate about kitchens