Uber can be huge and it is transformative, but it will be near impossible to live up to the lofty valuations it has used to raise more and more money. Especially as it reaches a saturation point in the U.S. while still losing cash.
This is a clear sign that the sharing economy isn’t in its infancy anymore.
Lyft is only now becoming a real threat to Uber. It seems premature to seek an exit.
Self-driving cars -- with passengers. Uber will start to test them and also announced it has acquired technology startup Otto, which focuses on self-driving trucks. Uber's vision is obviously multi-modal.
Legions of techies developing algorithms for self-driving cars are based in Silicon Valley and Detroit automakers are doing deals to tap into that talent. Meanwhile, Michigan is trying to develop a startup/tech culture of its own and isn't ceding anything to Google and Uber.
Uber and Lyft could be part of urban innovation plans to streamline public transit but increased traffic and fumes could be a roadblock in some cases.
Thousands of drivers have registered for Uber in economically distressed Puerto Rico. The judge's ruling, which states that the ride-sharing company should be treated in Puerto Rico like it is in 33 states and 70 U.S. cities, and not like traditional taxis gives Uber room to grow on the tourism-dependent island.
Car rental companies have bounced back in the last year by becoming smarter about how they reach customers and invest in technology.
It isn't often that you see an organization such as the U.S. Chamber of Commerce come to the defense of ride-sharing companies that compete with more established car-rental and taxi interests out of concern about unionization efforts at these sharing-economy companies. Lyft and Uber are finding friends in all kinds of crazy places.
Now that Uber has all but turned its back on China and conceded that giant market to Didi Chuxing through their new partnership it has more time and money to focus on taking away U.S. market share from Lyft.