Bad plan imo

It's called a master plan and it's basically the entire economy

My work here is done...

We would be so rich if it was our problem though

If you asked me to invest my own money in this idea, I would probably say no.

I think a lot of companies have made the calculations and jumped out of the business, some are gonna ride it out.

1. What's the term then, 100 years?
2. I think they're more likely staying ahead of hype than making investments based on calculations of whether there's a real business there at some point in an unknowable future.

Yeah, I just think some of these projects reach a point where there's no conceivable way to pay back the investment in a reasonable timeframe, or where the things that have to go right are so far out of your control that it doesn't make sense anymore.

Drivers work cheap

1. I don't think there's an opportunity to replace privately owned cars with car sharing in anything approaching the near term.
2. The profit per-ride over time to generate a profit against existing investments is a math problem. I bet that number is unworkable.
3. Assuming that, still a big hole.

Oh, I don't. I'm just curious as to how they're explaining their plans these days.

Yeah, I agree with that, I'm trying to figure out how this is supposed to work as a business though.

I just don't see how they recover their investment. Even assuming they're making a better margin per ride, sign some licensing deals with automakers or whatever, they just have such a massive hole to dig out of.

How profitable would each robotaxi built have to be and how long would it have to operate to return the money that's been invested in the tech?

I get that it would be cheaper for an individual user, at least it could be theoretically, but I don't get how it's cheaper for the companies making the investments.

Why would it be cheaper, and how does any of that make enough money to return on the investment?

So for untold billions of dollars in investment, the return is that we save money on paying cab drivers?