As I see it, the only acceptable outcome for Uber at this point is gaining a huge lead in the establishment of an autonomous driving fleet.
I don't see any way its current businesses (e.g. app-based taxi service, food delivery, etc.) justify its valuation. The question then is whether reliable fully-autonomous cars are 2 years out, 10 years out, or more; even the experts can't agree. Uber needs it more than Google needs it, more than Tesla, more than anybody.
Uber needs it, but so many companies began moving towards self driving cars as well. Is Uber even doing any in house research? Does Volvo need Uber?
Volvo can just license the Dominoes app and have the same technology backbone Uber has, plus cheesy bread.
Sidenote: I thought of another market segment to compete in: AirBNB! Except instead of daily rentals it'll be half-hourly rentals. Brilliant!
Ignore those pesky anti-prostitution laws. They're outdated regulations that just stifle the market. Plenty of guys named John that just need a bed for 30 minutes or less.
I don't see any way its current businesses (e.g. app-based taxi service, food delivery, etc.) justify its valuation. The question then is whether reliable fully-autonomous cars are 2 years out, 10 years out, or more; even the experts can't agree. Uber needs it more than Google needs it, more than Tesla, more than anybody.