News for hackers. Stuff that matters.
Re:Who Pays the Price for Selling $10 Bills for $5? by username223 on Friday April 05, 2019 @11:06AM (#19583253)
See "deception:" most people underestimate the cost of using their car as a taxi or delivery vehicle. This is also why Uber would be much less profitable if it deployed its own self-driving cars, and probably has to convince "independent contractors" to buy and maintain its fleet.
Re:Who Pays the Price for Selling $10 Bills for $5? by golergka on Friday April 05, 2019 @11:28AM (#19583470)
You're talking about costs, but why does this matter at all? It's a market, so you should talk about supply and demand instead. People who decide to work for Uber have plenty of other options: stay without a job, land other low-paying job, etc... Uber is not their only possible employer, nor it is in a cartel with other low-wage job companies. It cannot dictate it terms to employees. If they accept the Uber's offer, it's only because that's what labour market is like.

Trying to blame it at Uber or inventing some kind of evil conspiracies are all futile attempts to omit a simple depressing fact: people working at these low-wage jobs don't have opportunities to do anything that would be more valued by society.

Re:Who Pays the Price for Selling $10 Bills for $5? by username223 on Friday April 05, 2019 @12:07PM (#19583878)
> people working at these low-wage jobs don't have opportunities to do anything that would be more valued by society.

And that same society made Travis Kalanick the 115th richest person in the world. There are two sides to this equation, and shrugging your shoulders and saying "supply and demand" is taking a side.

Re:Who Pays the Price for Selling $10 Bills for $5? by golergka on Friday April 05, 2019 @12:47PM (#19584416)
Yes, and after my life improved so significantly after old-style taxis have been replaced by taxi apps, I'm more than content with Kalanick's compensation.
Re:Who Pays the Price for Selling $10 Bills for $5? by username223 on Saturday April 06, 2019 @10:51AM (#19590995)
Sweet. Those people who drive for less than minimum wage are mostly water, but they also contain proteins and other trace elements. A centrifuge can separate that out.