Why is Uber investing in self-driving cars?

This means that X will be able to offer fares that are 70% cheaper than Uber making it the obvious choice for consumers. Given that such an existential threat exists, it makes sense that Uber would want to invest in self-driving cars. It is risky to place so much of the company's future on external car manufacturers. Footnotes. read more

Uber said it has stopped testing self-driving vehicles throughout the United States and Canada. It's currently conducting autonomous vehicle tests in Arizona, Pittsburgh, Toronto and other areas. In a statement, Uber said it is"fully cooperating" with local officials. read more

Starting later this month, Uber will allow customers in downtown Pittsburgh to summon self-driving cars from their phones, crossing an important milestone that no automotive or technology company has yet achieved. read more

Uber is testing those self driving cars but there is a Uber employee sitting in there monitoring stuff mainly because it is not 100% failsafe. A few mishaps and resulting casualties can put Uber out of business forever. read more

Uber chief product officer Jeff Holden discusses Uber's self-driving car ambitions, including why it's interested in building its own."It's important to be not last," said Uber's chief product officer on the topic. read more

Rent a Car. Who needs a car rental when the faSDVs are so cheap and available. The UBER app will be so much easier at the airport versus that long bus ride to the car rental office. So car rental companies have to become like Taxi & Rideshare companies. And they will have the same need for faSDVs and the same options. read more