RolfEjerskov OP t1_j8eksdm wrote on February 13, 2023 at 7:05 PM

Reply to comment by LordGothington in Will full self driving be lingering around in beta for a decade or two? by RolfEjerskov

As a family we plan to buy an autonomous vehicle as a robotaxi when level 5 has arrived, because at that point you have a business that takes care of itself...

Level 5 is very difficult to achieve, but once it's achieved we believe that we can use the vehicle just like when we Airbnb our house.
I think that's the main reason lvl 5 will change the world. Your car becomes a business and fever people will require a car, because the cars are pooled...

LordGothington t1_j8en3ad wrote on February 13, 2023 at 7:20 PM

I think a level 5 car business is likely to be a poor way to make money.

In such a system your car is just a commodity, and people will take the cheapest option of similar condition. In such a system, there will be many people who own a car, but are so desperate for cash that they will rent their vehicle for less than what it costs to operate it.

They will sell a ride that costs them a $1 for $0.50 just to get their hands on that $0.50 now, even though it screws themselves over in the future.

Plus you will be competing with people who can buy the cars at a more lower price than use -- such as the car manufactures themselves, dealers, or taxi companies buying huge fleets of vehicles. So their cost of operation will be lower, meaning they can still turn a small profit while you'd be taking a lose.