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#31
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On 01/04/2017 17:38, Graeme Wall wrote:
A recent New Scientist article was discussing how you programme ethical considerations into self-driving cars! Have they managed to figure out how to do that for runaway railway trolleys approaching points yet? -- Arthur Figgis Surrey, UK |
#32
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On 01/04/2017 19:43, Arthur Figgis wrote:
On 01/04/2017 17:38, Graeme Wall wrote: A recent New Scientist article was discussing how you programme ethical considerations into self-driving cars! Have they managed to figure out how to do that for runaway railway trolleys approaching points yet? That was quoted in the article. -- Graeme Wall This account not read. |
#33
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tim... wrote:
"Recliner" wrote in message ... tim... wrote: "Roland Perry" wrote in message news ![]() 2017, D A Stocks remarked: I may well take another look at Uber when I make the reverse journey at 5.00 am on Monday morning: no more messing about with cash and and, if my initial experience is anything to go by, nicer cars, nicer drivers and cheaper. What's not to like? The alleged exploitation of their workers, the implications for proportionate corporation tax receipts flowing to the UK, and the possibility that having captured the market they can hike their fares. the one thing about the taxi trade is that they can't monopolies the market through lower fares and then hike them when the competition pulls out the barriers to entry for a taxi company are so low that if you take your fares back up to the regulated maximum the competition will soon pile back in again. to keep the competition out you have to keep your fares low forever which is fine if your costs of operation really are low enough to support that, but does mean that operating an unsustainably low fare to grab market share doesn't work. History also shows that startups such as this are exceptional if they succeed in the medium-long term, so what's your exit strategy if they pull out of the Brighton market? catch the bus He's a user not an investor And they aren't selling a unique product This is just a generic observation of the venture capital funded world, not a prediction about any particular company trading today. The BBC opines: http://www.bbc.co.uk/news/business-29653830 Careful, Recliner will be along soon to tell you you are an idiot Huh? Why would I do that? I invest in many venture capital funds, and am well aware that many startups fail. I've also long thought that many IT companies are over-valued. because that's what you did when I questioned the possibility that Uber might fail in an earlier discussion you used the spurious argument that some large company (Amazon was it) had invested and they wouldn't be investing in a company that might fail. No, it has the backing of large VC funds, which Amazon is not. Don't you know the difference? And I didn't discuss whether might one day fail to repay their investment. What I pointed out was that losing lots of money at this stage in its life was all part of the business plan, which its investors fully understood and supported. If you want an example of an over-hyped company with an absurd valuation, which also loses money hand over fist, look at Tesla. On that basis you should hold the opinion that none of these billion dollar companies can fail because it is 100% certain that all of them have the backing of some large company or other No. It just means you don't understand the difference between trading companies and investment funds. |
#34
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tim... wrote:
"D A Stocks" wrote in message news ![]() "Arthur Conan Doyle" wrote in message news:uk9vdc1iusv3qbo78opsvoja1ik1sljco1@None... "D A Stocks" wrote: if my initial experience is anything to go by, nicer cars, nicer drivers and cheaper. What's not to like? I used Uber Lux for a ride across London recently. Very nice. Wondered if the driver was doing a little moonlighting with his employer's vehicle, but that's his business. I'm not sure if the rules for Uber Lux are different, but my understanding is that Uber drivers use their own vehicles. FSVO The point about Uber's model is that they don't own them but that doesn't mean that the driver does either - he could be "borrowing" it (FTAOD - I'm not making some pedantic point about Lease-Hire) The driver can't just turn up in a random borrowed vehicle. Uber must approve, and knows exactly what car he drives. It presumably does some checks on its ownership, suitability, whether it's licensed and insured for private hire, etc. https://www.uber.com/en-GB/drive/lon...-requirements/ |
#36
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In message , at 18:48:05 on Sat, 1 Apr 2017,
tim... remarked: I'm not sure if the rules for Uber Lux are different, but my understanding is that Uber drivers use their own vehicles. FSVO The point about Uber's model is that they don't own them but that doesn't mean that the driver does either - he could be "borrowing" it See "and thus a lack of insurance". -- Roland Perry |
#37
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In message
-septe mber.org, at 20:19:18 on Sat, 1 Apr 2017, Recliner remarked: The point about Uber's model is that they don't own them but that doesn't mean that the driver does either - he could be "borrowing" it (FTAOD - I'm not making some pedantic point about Lease-Hire) The driver can't just turn up in a random borrowed vehicle. Uber must approve, and knows exactly what car he drives. It presumably does some checks on its ownership, suitability, whether it's licensed and insured for private hire, etc. https://www.uber.com/en-GB/drive/lon...-requirements/ The main complaint is that they don't (do much checking). And reportedly the problem with insurance is they don't track cancellations and renewals. -- Roland Perry |
#38
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#39
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Roland Perry wrote:
In message -septe mber.org, at 20:19:18 on Sat, 1 Apr 2017, Recliner remarked: The point about Uber's model is that they don't own them but that doesn't mean that the driver does either - he could be "borrowing" it (FTAOD - I'm not making some pedantic point about Lease-Hire) The driver can't just turn up in a random borrowed vehicle. Uber must approve, and knows exactly what car he drives. It presumably does some checks on its ownership, suitability, whether it's licensed and insured for private hire, etc. https://www.uber.com/en-GB/drive/lon...-requirements/ The main complaint is that they don't (do much checking). And reportedly the problem with insurance is they don't track cancellations and renewals. Do you have a link for that? I'm not sure if this applies in the UK: Uber requires all of their drivers to have car insurance, and provides supplemental insurance coverage, but only while the app is on. Here’s how it works: When the Uber app is off, a driver is covered by their own personal car insurance. When the Uber app is turned on, a low level of liability insurance becomes active. When a trip is accepted, a higher level of coverage kicks in and remains active until the passenger exits the vehicle. Previously Uber had only offered coverage when a passenger was in the car, but the company updated their policy after a series of accidents which resulted in various lawsuits. From https://www.answerfinancial.com/insurance-center/how-does-car-insurance-work-for-uber-drivers Also see http://www.gocompare.com/taxi-insurance/uber-and-other-ride-sharing-apps/#2YBrm8moZhlIIt7v.97 |
#40
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In article , (Roland Perry)
wrote: In message , at 13:23:28 on Sat, 1 Apr 2017, remarked: I'm not sure if the rules for Uber Lux are different, but my understanding is that Uber drivers use their own vehicles. FSVO The point about Uber's model is that they don't own them but that doesn't mean that the driver does either - he could be "borrowing" it (FTAOD - I'm not making some pedantic point about Lease-Hire) In this country any hire car is subject to local authority licensing and testing. Although reportedly TfL is overwhelmed by the number of Uber cars being brought into the system, and may not be checking as thoroughly as they could. That may be the legislation in London, different from that in the rest of the country, not being fit for purpose. -- Colin Rosenstiel |
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