Re:Disrupting Uber
by ams6110 on Sunday July 31, 2016 @03:05PM
(#12198353)
It's simple market economics. Driving for Uber requires basically:
1) Owning a car
2) Having insurance and good driving/criminal history records.
3) Willingness to do the work.
Even assuming Uber also has minimum age requirement, that's a very large supply of potential drivers, which is going to prevent wages from rising very high, unless there is artifical pressure such as regulation.
1) Owning a car
2) Having insurance and good driving/criminal history records.
3) Willingness to do the work.
Even assuming Uber also has minimum age requirement, that's a very large supply of potential drivers, which is going to prevent wages from rising very high, unless there is artifical pressure such as regulation.