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If self driving technology reaches the point where it can operate commercial taxi services legally and more cost-effectively than regular taxis, the people holding that collection of IP and licences won't need to spend $100bn on an app company to find customers.

People switch apps almost instantly once there is better service elsewhere. Nothing gets you searching for a new taxi app quicker than seeing a 10 minute wait for your Uber.

There is almost 0 stickiness to taxi apps like Uber or Bolt or Lyft or [...]

Except that Uber sold it’s self driving division so they are unlikely to be at the forefront of that transition. There is nothing special about their app/platform so they are unlikely to derive significant profits just from that.

> Once self driving technology works

Once ?

More like "if"

The problem is even if/when you get to a reasonable facsimile of self-driving for easier conditions, e.g. highways in good weather, that does very little to get you door-to-door service in generally urban areas in most kinds of weather.

Yeah that's not going to happen.