Re:Low unemployment isn’t worth much if the jobs barely pay
by pgodzin on Sunday January 12, 2020 @05:20PM
(#22029955)
What exactly is overpriced about Uber? The drivers aren't making that much and despite Uber's cut they still aren't profitable
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Re:Low unemployment isn’t worth much if the jobs barely pay
by sandworm101 on Sunday January 12, 2020 @05:37PM
(#22030095)
Because that core business isn't where all the money is going. The basic concept of software connecting buyers to sellers (riders to available drivers) is a simple software problem, easily solvable by a few guys and servers given time. Uber spends money on expansion, marketing and a constant game of legal stratego against any town/city/country that seems to get in its way. We are overpricing, over-rewarding, those companies who live to rise their stock price. We should be rewarding those companies whose continued existence is of the greatest benefit to society. That probably isn't Uber.