This Is Me #3

Tech Ideas

Low Cost Taxi System

Key component: Google' self driving car

Vision: Keep prices low no matter what

Exit Strategy: Sell idea/infrastructure/code to Google

Selling points:

- 24/7 response time (already possible with current driver systems)

- No need for human interaction, user can input destination into GPS interface

- No need for central dispatch, system can merely locate and send nearest car

- Cars can idle in vacant parking spots at no cost

- Idle points can be strategic in region's volume of demand

- Ultra cheap fares as machines do not need salaries, becomes much more efficient for customers looking to rent a car for an entire day/longer period of time

- Can entirely replace car rental market

- Hybrid/electric cars can be used to be more efficient with gas (selling point for cities to gain subsidies)

- Luxury cars can be used to gain access into high end market

- Can opt for ads somewhere, somehow inside or outside the car as additional (possible even main source) of revenue
- Mobile app to allow easy requests

Arguing points:

- Destroys large source of jobs

- Competes with public transportation already in place

- Greater road congestion if former is true

- Eventual need for refueling is a difficult problem to solve without human interaction with cars

- Constant maintenance checks likely required to keep cars running smoothly (difficult without dispatch center and having cars be on call 24/7)

- Need for Google's device is potentially large source of expense

- Nothing in place to prevent Google from becoming a competitor themselves
- No security on car itself (possible damage/terrorism)