I am a bit curious about the dockless bike shares too, I suspect the same thing.
If you read threads about biking[0], people seem to be motivated to bike more than they are motivated to drive. Although these same people are stymied by negative conditions. Self driving cars could improve biking conditions by opening up roadways, making them safer, providing better point to point transit.
I don't think that I necessarily agree that this means bike shares will succeed though, I think private bike ownership has a lot going for it.
And if they kill each other and the winner raises the price, I suspect Detroit wins.
Revenue
daily rides*365*$1
Costs $250 per bike
+ $15 per month for maintenance
+ 20% chance of catastrophe amortized over the fleet
= ~$500
+ rebalancers + insurance + overhead?So maybe 2 rides per bike per day gets them in the green?