Cabs cost significant money and will continue to cost relatively more and more due to Baumol's cost disease preventing productivity increases (1 driver can only drive 1 cab at a time).
Self driving cars offer the chance for inexpensive point to point transportation. Just because humans were once needed to drive cabs doesn’t mean they always will, any more than we need elevator operators anymore.
Self driving cars offer the chance for inexpensive point to point transportation. Just because humans were once needed to drive cabs doesn’t mean they always will, any more than we need elevator operators anymore.