Re:Uber And Lyft take more from drivers than they say: survey
by Ididntdothis on Wednesday August 28, 2019 @08:14AM
(#20818989)
Something is going wrong if a middlemen takes such a big cut and still can’t make money.
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Re:Uber And Lyft take more from drivers than they say: survey
by kerng on Wednesday August 28, 2019 @08:35AM
(#20819127)
The free market will tell us.
It works well for companies like Apple, Ticketmaster, etc..
That's what I tried to highlight with my post, which seems very reasonable, so I don't understand the massive downvoting.
Re:Uber And Lyft take more from drivers than they say: survey
by Ididntdothis on Wednesday August 28, 2019 @08:38AM
(#20819144)
Looking at Ticketmaster or the Apple app store it seems that a free market will lead to monopoly behavior once players grow beyond a certain size.
Re:Uber And Lyft take more from drivers than they say: survey
by kerng on Wednesday August 28, 2019 @09:34AM
(#20819582)
Correct, if a business model works and is successful it can lead to a monopoly. And there are laws that try to tackle that.
But its going off topic because Uber and Lyft are far away from that position, they hardly have a functioning business model in the first place.
Re:Uber And Lyft take more from drivers than they say: survey
by moate on Wednesday August 28, 2019 @09:29AM
(#20819529)
But that's what the consumers must have wanted. It's "free" market after all. There's no way it can be manipulated. Completely logical, always responds the way it "should" market.
Re:Uber And Lyft take more from drivers than they say: survey
by navigatesol on Wednesday August 28, 2019 @11:20AM
(#20820644)
>so I don't understand the massive downvoting
I'm curious about this too. Sure, I'm argumentative and sometimes post a bit too aggressively in my tone, but I've had seemingly innocuous posts get down-voted within a minute or two of posting them.
Normally I wouldn't care, but it seems like HN has an algorithm that punishes people who are consistently downvoted ("slow down"). It is possible to game that system?