> Based on what? Ride share companies don't absorb any of the cost of vehicle maintenance, insurance, or fuel. Drivers are subsidizing a significant amount of the capital costs of running a taxi business that isn't exactly reflected in prices.

Ultimately there's profit, drivers wouldn't do it if it weren't profitable.

> Additionally there's the problem of the market tolerating current prices. Like gasoline, even if the cost comes down it doesn't mean price goes down. Profit margins will increase if the market can sustain current prices.

I see a lot of competition in the space and the history of taxi services has been one of very low prices so I see the trend to continue in self driving.