Comment Re:Too late, in face of robotaxis? (Score 1) 120
Good for them, but I guess too late? I was in San Francisco recently, and I was told that Waymo's prices just dropped beneath Uber's prices, which to me seemed to me like an important tipping point. Tech is only going to get cheaper, and humans are only going to get more expensive - unionized, even more so. I took quite a couple of Waymos on that trip, and was shocked how quickly one becomes used to the whole driverless thing. It works well enough. And I doubt there's a competetive way to get that genie back into the bottle.
EIU I suspect Lyft/Uber drivers will at best become surge capacity as Waymo expands if Waymo stays cheaper; resulting in drivers chasing fewer rides with little pricing power. As a result, the ability to make a living as a driver will be even worse than today. I also suspect the fight will shift to the political arena with drivers hoping the political clout of the SEIU will save them by getting laws passed to limit Waymo and / or raise their costs and thus prices. For example, I've seen where taxis tried to push limos and Uber/Lyft pickups away from curbside to make them less viable for customers.