[faithhopecharity]

well....
a company with a business model that is both
easily reproduce-able, with almost zero barriers to competition

and which business model relies on a legal framework that was not designed for it
1. regulation of operations, licensure and consumer protection issues
2. safety of vehicles and drivers
3. public and consumer liability insurance coverage
4. workforce screening/hiring/risks
5. workforce income, wage laws
6. workforce injuries insurance coverage
7. workforce training
8. workforce supervision
9. vehicular safety inspections
10 vehicular maintenance standards and enforcement thereof

prognosis....higher expenses and more restrictions (and the drivers are on strike already)

a neat idea but...not exactly the most promising business model on the market.

[C19fan]

Uber is relying on having a monopoly because of network effects and surviving long enough to replace all the humans with AI drivers.

[Alberta's Child]

I’d also point out that an industry where you’re competing with unlicensed Mexicans driving uninsured vehicles is not a good one to operate in.

[raybbr]

What assets does uber have worth that kind of money?
T