Google's Self-Driving Cars May Cost More Than A Ferrari

As an example, assume that a 12 hour shift taxicab driver costs $100 per shift and that a full day labor cost is thus $200. The 365 day labor savings on a full time taxi is thus $73,000. Payback for the $250K self driving taxi is about 3.5 years.

I think that self-driving cars could disrupt the taxi driver occupation in North America if the car would cost less than $125K with a 3 year payback, and fare prices discounted accordingly compared to a human driver. There may be as many as 200,000 taxis in North America.