Silicon Valley has always been a lottery where immense wealth is secured by a few while everyone else must hope for better luck some other time. Rarely, however, has the disparity been on such stark display as with Uber. Its stock market value is expected to be about $100 billion, which would make it one of the richest Silicon Valley public offerings of all time.
— Read on www.nytimes.com/2019/04/12/technology/uber-driver-ipo.html
Free and open source alternative to Uber/Lyft connecting passengers and drivers.”
*This is going to be hard.
“The Upstarts: How Uber, Airbnb, and the Killer Companies of the New Silicon Valley Are Changing the World
Written by: Brad Stone
Narrated by: Dean Temple
Length: 10 hrs and 42 mins
Publisher: Hachette Audio”
*Looking forward to listening to this book.
“The ride-hailing company announced on Tuesday a partnership with Daimler, under which the German automaker plans to build autonomous vehicles that will operate on Uber’s transportation network.
The move marks the first time a major automaker will provide its own self-driving vehicles — built entirely in-house and without Uber’s help — specifically to operate on the ride-hailing company’s network.”
*Autonomous cars are coming.
“General Motors and its partner, Lyft, an Uber rival, are about to begin testing a fleet of self-driving cars ferrying passengers short distances in Detroit and other cities. Uber already has similar trials underway in Pittsburgh and has just expanded its tests to San Francisco. Next year, Delphi Automotive expects to have self-driving Audis providing rides to mass transit stations in a section of Singapore.”
*The future is coming.
“… the system would replace about nine out of ten vehicles while “maintaining a reasonable level of service,” as measured by the time people spent waiting for a ride.”
*This could be disruptive. Could see further consolidation amongst global auto manufactures in the years and decades ahead. The actual change could be a reduction of one car in ten or it could be as far out as eliminating ninety-nine of one hundred. Technology enables new things to happen.