Whether or not it's profitable for Uber or any business to hire you, is that business' decision. It's not yours to make. And there is no evidence that ridesharing companies cannot afford to pay drivers more. What if prices go up 20-30% and the level of service stays exactly the same? Then it was a silly concern with no basis in reality. I don't think evidence shows that Uber will immediately fire all drivers if they must be classified as employees.