They don’t compete with cab companies on price, they compete on ride liquidity and not having shitty cab drivers and cabs themselves.

And yet people spend billions a year on uber rides and the market is still nowhere close to saturated.

It only goes away if competitors retain subsidies.

must be your area...hundreds of ubers have been great for me (like 10x better than the average cab ride)

only the wealthy will own autonomous avs, us plebs will just use whatever av service we sign up for

not upside for automakers and could be a huge downside for rural inhabitants

How would you change it? Oh let me guess, you are named emperor?

Actually quite different, the dot-coms actually never had a plan to achieve a profit (didn’t happen until advertising spend caught up with the eyeballs).

If you have a growth profile on your bottom line like Lyft has on their top line, your math checks out.

That’s a misconception. The answer is a guaranteed income but this is an economy wide (hell global for that matter) issue.

For god’s sake why?  The schools’ reputations have been massively tarnished by this, and they have every right (I would say obligation) to kick any student out that was admitted as the result of fraud (known by the student or not).

They should all be kicked out and any prior degrees should be revoked.  Also, remember there are hundreds of additional students that were part of the scheme, not just the ones with parents caught up in the FBI investigation.

So we ended up with the evil Cheeto as president.  Can’t wait for another 4 years of it.

And property rules don’t apply.  Any school can kick a student out if they were admitted on false pretenses.

I’ll take before times 1000x...after looks like a Tesla Asstek

Even better, every car company in the US is either non-union or actively attacking unions with everything they have.

All the kids should be kicked out, full stop.

Why can’t they be both?

The most interesting part of this to me is the reference to “institutional advancement” a/k/a “the backdoor” that is not even part of the scheme these guys were running

What do you mean?  Tax cuts are good for the pocketbooks of the rich...and what’s a neoliberal?