# Prof. Aswath Damodaran on reports of Google and Uber developing driverless cars

1 Faculty News February 3, 2015 ![San Francisco Chronicle logo](/sites/default/files/styles/246w/public/assets/images/con_030853.jpg?itok=5J96iBF2)>

Excerpt from [San Francisco Chronicle](http://www.sfchronicle.com/business/article/Uber-and-Google-roll-toward-fight-over-driverless-6060344.php) -- "New York University finance Professor [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) said the entire brouhaha centers on a fantasy. 'What we have is two companies supposedly fighting over a market that does not even exist,' he wrote in an e-mail."

[Read more](http://www.sfchronicle.com/business/article/Uber-and-Google-roll-toward-fight-over-driverless-6060344.php)