I also get a lot of happy drivers saying "this is my first day / week".
I see a lot of crazy driving too. All in all, it seems like there is a learning curve to being a profitable Uber driver. It is not necessarily easy to accomplish.
The ones who seem to anecdotally do best by it are the folks supplementing income by opportunistically taking fares here and there.
That's a large part of Uber's success: they are able to leverage the many people who have a car and occasionally have nothing better to do. There are even people who will drive for fun or as a way to kill boredom. Of course, those people will happily take a fraction of the pay that a professional taxi driver would. And those rides will be cheaper for consumers compared to taxi rides.
It's of course a problem when regulators disallow them to leverage this large class of drivers. When they are forced to operate like a taxi operator, a big part of their value proposition is gone. This is bad for consumers and Uber, but good for taxi operators.
It's only good for customers when they need to get a ride for certain times and only for some time. One of the reasons why taxis get regulated is because taxi companies need to guarantee service throughout the day. Drivers who only drive on the side will not provide that service, moreover if the regular taxi drivers are driven into bankruptcy because of uber drivers taking all the profitable times prices on average actually go up and especially for off peak times.
Uber's biggest lie is that these are the only stakeholders in the equation.
If so, why?
At the median rate for my city (Boston), those drivers were paid $1.07/mile* or $214K. They probably paid under $50K in gas, oil, tires, and repairs to that point, so they’re quite a bit ahead even if they have to throw the car away. Even at $0.66/mile for some of the worse cities, that’s still $132K in gross income.
* https://www.stilt.com/blog/2020/02/how-much-does-uber-pay/
You make the assumption that they are driving ~3800 miles a week and I can tell you, as a truck driver who is mostly out on the highways, there’s no way in hell they are doing those kinds of miles city driving. That’s like 550 miles a day seven days a week.
When I drove a cab the lowest rate was $1.45/mile (for medical vouchers) and some days it cost me money to haul people around and my expenses were only like $140/day (gas + lease). Though, once in a while I’d have a really good day with some big cash calls and take home a few hundred bucks but mostly I averaged ~$100/day take home (before taxes which I didn’t actually pay). Mostly, depending on the season and what was happening in town.
In Europe, uber is exploiting the most vulnerable in our societies, and profiting of the harm they do to people and communities.
Not to mention, breaking laws, endangering passengers, using outright evil methods to keep their workers money.
Uber is only a good company if it improves, yet somehow there is a never ending online narrative that "It's treating me well, so it's great for the world!".
That's not normal, it's deception.