Re:Update on AB5
by paulcole on Wednesday September 11, 2019 @08:39PM
(#20946357)
> I thought it was about unused/wasted time/resources that could be shared (for some profit).
This is the fiction sold by AirBnB, Uber, etc. You just can’t grow forever (as these companies require) by “sharing.” Do you think investors would continue to happily light billions on fire if Uber didn’t have huge ambitions?
This is very similar to Etsy. Founded as a handmade marketplace until they realized not enough people make stuff by hand to keep growing. Now it’s just a mass-produced shit shop just like every other place.
This is the fiction sold by AirBnB, Uber, etc. You just can’t grow forever (as these companies require) by “sharing.” Do you think investors would continue to happily light billions on fire if Uber didn’t have huge ambitions?
This is very similar to Etsy. Founded as a handmade marketplace until they realized not enough people make stuff by hand to keep growing. Now it’s just a mass-produced shit shop just like every other place.