As Uber’s robot cars hit the streets in Pittsburgh, the fears of its human drivers become a reality
But, as the tech develops, self-driving cars may make more economic sense.
By Johana Bhuiyan @JMBooyah Sep 14, 2016, 9:10p
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Today, Uber pays drivers 65 to 80 percent of each fare, so for every dollar a driver brings in, Uber only takes home 20 to 35 cents. Eventually, when drivers are replaced by robot cars, Uber could capture close to 100 percent of the fare.
For example, if a driver performs 100 rides at $5 a ride, Uber will take home $100. With Uber’s new “drivers” — the robot cars — the company will take home close to $500.
The robot cars will also likely do those 100 rides in a shorter time, because it only has to stop to recharge or refuel. Self-driving cars can also be on the road non-stop potentially, racking up more fares in the same time, unlike human Uber drivers who are limited to driving 12 consecutive hours.
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