Even if autonomous vehicle manufacturers agree to partner with Uber, I believe the profit margins will be significantly lower than they are today. These manufacturers will have substantial negotiating power and the flexibility to switch to competitors like Lyft. In contrast, individual drivers today have virtually no leverage in negotiations. What’s your take on this?
I remember listening to Kai-Fu-Lee/AI Super Powers on a podcast referencing UBER in the very near future will/could show up anywhere in a driverless vehicle within 7 minutes of request & will revolutionize industries, housing/insurance/automobile manufacturing etc.. He went on to say, there will be no need to purchase a car/vehicle, hence no need to purchase insurance, gas, maintenance. Went on to say homes will be designed with no garage, 90% of the time your automobile just sits there/not in use, a depreciating asset as well. So that capital could/would be used elsewhere. He was uncomfortable with AI being rolled out to quickly, high unemployment & urged the listener service jobs/trades etc will be the only AI proof employment for many.
Sometimes you pay for something not because you use it all the time, but because having the option matters. Take health insurance that covers surgeries—you hope you never need it, but you still pay for the peace of mind. Owning a car works the same way. It's not just for daily commuting; it’s about having the flexibility and freedom when you need it.
Great write up my only question is around their expansion in SEA and Eastern Europe. I dont see this happening given their agreement with Grab (Uber used to be operating in this area until they reached an agreement with Grab in which they also took a stake). Besides that there is no mention of Bolt - they are targeting what Uber left behind and offer better deals for drivers and customers.
Great write up and thesis. Although I wouldn’t exactly say it’s stock has been depressed ….its close to ATHs, up 40% since Dec
Even if autonomous vehicle manufacturers agree to partner with Uber, I believe the profit margins will be significantly lower than they are today. These manufacturers will have substantial negotiating power and the flexibility to switch to competitors like Lyft. In contrast, individual drivers today have virtually no leverage in negotiations. What’s your take on this?
I remember listening to Kai-Fu-Lee/AI Super Powers on a podcast referencing UBER in the very near future will/could show up anywhere in a driverless vehicle within 7 minutes of request & will revolutionize industries, housing/insurance/automobile manufacturing etc.. He went on to say, there will be no need to purchase a car/vehicle, hence no need to purchase insurance, gas, maintenance. Went on to say homes will be designed with no garage, 90% of the time your automobile just sits there/not in use, a depreciating asset as well. So that capital could/would be used elsewhere. He was uncomfortable with AI being rolled out to quickly, high unemployment & urged the listener service jobs/trades etc will be the only AI proof employment for many.
Sometimes you pay for something not because you use it all the time, but because having the option matters. Take health insurance that covers surgeries—you hope you never need it, but you still pay for the peace of mind. Owning a car works the same way. It's not just for daily commuting; it’s about having the flexibility and freedom when you need it.
Yes, I understand that. The thesis for the future though is plausible. I can see the direction/thought process.
Great analysis. I'm going to add. They will use their infrastructure with robots is to grow. Easy transition.
Great write up my only question is around their expansion in SEA and Eastern Europe. I dont see this happening given their agreement with Grab (Uber used to be operating in this area until they reached an agreement with Grab in which they also took a stake). Besides that there is no mention of Bolt - they are targeting what Uber left behind and offer better deals for drivers and customers.
Best written UBER thesis I’ve read. Good work !