In the mid-2010s, I remember thinking that the biggest threat to Uber was the possible arrival of self-driving cars. I figured that if self-driving cars replaced human drivers, then Uber’s network of drivers would no longer be a strategic advantage over its competitors. With large enough pockets, a competitor could enter any given market by purchasing a fleet of autonomous vehicles.
Smarter machines are bad for supply side moats
Smarter machines are bad for supply side…
Smarter machines are bad for supply side moats
In the mid-2010s, I remember thinking that the biggest threat to Uber was the possible arrival of self-driving cars. I figured that if self-driving cars replaced human drivers, then Uber’s network of drivers would no longer be a strategic advantage over its competitors. With large enough pockets, a competitor could enter any given market by purchasing a fleet of autonomous vehicles.