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A comment on Uber said to use “sophisticated” software to defraud drivers, passengers. Parent comment

Re:Uber said to use “sophisticated” software to defraud driv... by inverse_pi on Thursday April 06, 2017 @05:23PM (#14054764)
I think you're misinformed. Uber tells the rider the ride will cost $5. Uber doesn't tell the drivers how much the ride will cost until the trip is finished. Then the fare is calculated based on miles and minutes. If the fare ended up > $5 then Uber will pay for the difference. If the fare ended up < $5 then Uber will take the difference. Seems reasonable to me.
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Re:Uber said to use “sophisticated” software to defraud driv... by rhizome on Thursday April 06, 2017 @06:48PM (#14055423)
How often would you think Uber undershoots the estimate?
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Re:Uber said to use “sophisticated” software to defraud driv... by rbcgerard on Thursday April 06, 2017 @09:47PM (#14056410)
Probably not that often - but it doesn't sound like its risk less for them
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Re:Uber said to use “sophisticated” software to defraud driv... by inverse_pi on Thursday April 06, 2017 @08:48PM (#14056107)
well they're losing billion of dollars every quarter so I'd say pretty often.
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Re:Uber said to use “sophisticated” software to defraud driv... by rhizome on Thursday April 06, 2017 @09:01PM (#14056174)
I meant: how often do they lose the spread?
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