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0 pointssocial_quotient7y ago0 comments

I think the same about Uber and the drama with drivers. If the work is so bad, pay so terrible, riders don’t want to pay more, then why hasn’t the market killed itself?

Now we have gov externalities trying to legislate something that shouldn’t have existed?

I’m not saying any of this is write or wrong, I’m just at a loss how people get mad at Uber when the model shouldn’t have made it. Where did the market dynamics go wrong here?

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3 comments · 1 top-level

Spooky237y ago· 2 in thread

It will, but it will take a few years.

The issue with Uber is they pay $0.70/mi for a task where the cost of fulfilling the task is $1.00. The drivers do it because they can get quick cash with no friction.

You can already see the system breaking down. Uber XLs are getting older and shittier. 2012 Dodge Caravan that picked me up at the airport will be dead in a year. As the situation goes on, someone will die in a fiery wreck by an Uber with no brakes, and it will gather the national attention and kill the company.

manfredo7y ago

I always thought that the car age requirement was dumb. I drove a 2007 Subaru and it still worked perfectly. Another person I knew drove a 1997 BMW that's better than most Ubers I take.

Spooky237y ago

I drive a 2003 Honda. It’s a great car in great shape. If I used in as an urban livery vehicle, it wouldn’t be in great shape.

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