04-03-2017, 08:04 AM
Leaves one with minimal opportunity for any profit.
It's difficult to determine income minus expenses for any business, and that works to Uber's advantage. I read a report about a year ago that followed a group of drivers and they came up with this earning estimate:
$17-$19 per hour gross wages from fares
$7-$8 per hour actual income after gas, mileage, etc is deducted
The driver based Uber business model is just a stop gap measure for their long range plan. They are already testing driverless vehicles and will slowly replace and implement the change to a full driverless fleet of cars as soon as the technology is proven.
I sat next to a young man on a recent flight to the mainland. He's an engineer in Chrysler's driverless research department. He told me the leaders in this technology such as Tesla see a full roll out in 2 years time. Followers such as his department at Chrysler will take a little longer. They intend to build on what other car companies discover in the experimental phase we're now in. The Chrysler engineer told me they project all major manufacturers will have fully functional driverless cars operating on the roads in 5 years.
Edited to add: I didn't ask him about functionality within Hawaiian Acres. Sorry.
It's difficult to determine income minus expenses for any business, and that works to Uber's advantage. I read a report about a year ago that followed a group of drivers and they came up with this earning estimate:
$17-$19 per hour gross wages from fares
$7-$8 per hour actual income after gas, mileage, etc is deducted
The driver based Uber business model is just a stop gap measure for their long range plan. They are already testing driverless vehicles and will slowly replace and implement the change to a full driverless fleet of cars as soon as the technology is proven.
I sat next to a young man on a recent flight to the mainland. He's an engineer in Chrysler's driverless research department. He told me the leaders in this technology such as Tesla see a full roll out in 2 years time. Followers such as his department at Chrysler will take a little longer. They intend to build on what other car companies discover in the experimental phase we're now in. The Chrysler engineer told me they project all major manufacturers will have fully functional driverless cars operating on the roads in 5 years.
Edited to add: I didn't ask him about functionality within Hawaiian Acres. Sorry.
"I'm at that stage in life where I stay out of discussions. Even if you say 1+1=5, you're right - have fun." - Keanu Reeves