I agree, and also noticed Uber’s mission getting substantially watered down over the past months. The only thing it has going for a near-future IPO is that investors and also ordinary people still have a lot of money they simply don’t know what to do with. But rising interest rates may change all that. Uber’s mission was simple: dominate (even monopolize) the car-on-demand market. The problem that having chauffeurs presented, Uber wanted to get rid off by counting on driverless. But that largely turned out to be wishful engineering. Many experts say that we are still a long way off. So much more needs to be sorted than only making the car drive itself. What’s more, governments, particularly in the EU, will go for a level playing field in the mobility-on-demand market. This demotes Uber to just one of the players. Other major No-No: rely on SUVs like the Volvo XC90 for driverless. Waymo is making the same mistake. Simple: the bigger the vehicle’s footprint, the less margin to evade other road users; the heavier, the less battery-power efficient too.