Saturday, February 25, 2017

Existential

If you're betting your taxi business on self-driving cars, time to fold.

In August, Kalanick laid out the stakes of his competition with Google to Bloomberg: “The minute it was clear to us that our friends in Mountain View were going to be getting in the ride-sharing space, we needed to make sure there is an alternative [self-driving car], because if there is not, we’re not going to have any business.”

Building their own self-driving car “is basically existential for us”, he added.