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Re: fuagf post# 249316

Wednesday, 09/14/2016 11:05:56 PM

Wednesday, September 14, 2016 11:05:56 PM

Post# of 482239
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



[...]

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.

http://www.recode.net/2016/9/14/12917436/uber-self-driving-cars-pittsburgh-drivers-cars

"Uber serfdom?"

.. so looks like though less dodgy contracts will exist, more jobs are gone ..

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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