> As to the ultimate fate of Uber: even if they win this, they will lose. Other competitors will steal their network effect and grow by competing on the spread between pay to company and pay to driver. In 6-10 years, self driving cars will replace human drivers, but margins will keep shrinking and competition will stay fierce. It will remain a huge industry in dollar terms, but not exceptional from a gross margin perspective.
If this is the case, there is some justice in the world.
Not really, Uber is using their growth and capital to finance R&D of self-driving cars. They are actively hoping that in 6-10 years they won't have any human drivers.
If this is the case, there is some justice in the world.