I meant that the incremental cost of paying a human driver would be gone. The fixed cost of inventing and developing the self-driving technology would be minimal because it is amortized across all self-driving cars.
TL;DR In the broader economy: "Almost every asset is overvalued,"
For those of you that followed the hashtag #2014GC last week you saw this:
"The quantitative easing and the excess money and the low interest rates have driven pricing up of almost all financial assets to beyond what their intrinsic value might be," Joshua Harris, co-founder and chief investment officer of $161 billion private equity firm Apollo Global Management, said Monday at the Milken Institute's Global Conference in Los Angeles.
"So even though we can all chat about the benevolent growth environment that exists in the U.S. and to a lesser extent globally, the ability to make money and invest wisely on that is very, very challenging right now because you're starting at a point in the valuation cycle that is very, very aggressive."
Harris added that it's a "time to be cautious" and that Apollo is still looking for investments in sectors that are still relatively depressed. "Almost every asset is overvalued," he said.
The fellowship, and Hackers program looks promising. However, it appears to leave out a position for the OP's brother. As he mentioned there are many people with deep insight into a problem, but lack the technical resources to execute their solution.
If you're looking for something to contribute to, TheOdinProject looks like a fun project. I saw them on HN a few weeks ago (March 25th). https://github.com/TheOdinProject
There's ~3 hospitals in the USA that have transparent pricing.
If you're interested in disrupting healthcare the founder of The Surgery Center of Oklahoma has a blog on pricing transparency. http://surgerycenterofoklahoma.tumblr.com/
Some additional resources:
Free Market Medical Association website. http://marketmedicine.org/members/ It lists all the resources and providers that provide transparent pricing.
The Pricing Healthcare Blog and Pricing Healthcare website is a crowd sourcing project where patients can input their medical bills and get the cash price of procedures in their area. (The CEO of Safeway started a company with Safeway's similar, proprietary, data, however they only sell the pricing data to companies with ~10,000+ employees).
The Self Pay Patient is a blog and resource for those that choose to self insure:
http://selfpaypatient.com/
The speed is what's impressive. One can build a structure in California for a similar price.
It seems people often over estimate the hard costs of construction in the first world. It's cheaper than people think.
In 2005, at the height of the building boom (labor was scarce) in Southern California, I built a 400 sq ft detached garage: Stucco, rolled composite roof, concrete slab, drywall, swiss coffee interior paint, garage door, and 30R insulation in the ceiling (well insulated).
Using all contracted labor.
Total cost: $5,500.
IOW, not much more than this 3D printed house. Building a house in 2.4 hours is the impressive part.
Instead of spending money on a dev boot camp maybe try going through The Odin Project, and beefing up your github. Then maybe join TreeHouse temporarily just to have them help you find a job.
Do you have a template of that model?