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James Millar
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In the spirit of the topic that tech creates opportunities and threats…

A few days ago I posed this question to some people banging on about Uber and its $40b valuation (which is about 4x their revenue and probably 40x earning multiple). What happens in 7 to 12 years when we have driverless autonomous cars? By all accounts from all major car brands this tech is their biggest R&D spend and next big thing only 5 years off (say double it with legislative issues).

I have my own views on what Uber may do but would it not be fair to say that is issue may disrupt the disruptor? Or are they banking on pivoting to managing driverless vehicles? I’m not sure the business value case for that is as strong as managing conventional cars with drivers.

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