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A comment on The startup economy is fundamentally broken and the virus will make it worse. Parent comment

Re:The startup economy is fundamentally broken and the virus... by newsclues on Wednesday May 20, 2020 @08:03AM (#23245833)
Because it takes time for the costs to be realized by the driver.

Vehicle depreciation doesn’t meaningfully occur with every passenger mile, it piles up until you have a large repair bill.

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Re:The startup economy is fundamentally broken and the virus... by braythwayt on Wednesday May 20, 2020 @08:06AM (#23245864)
Then they’re out, and the next desperate person takes their place.

Same economics as an unsafe, unregulated building site. Get paid cash under the table, pay no taxes, get no healthcare, make enough to get by, until you get sick or injured on the job, then you’re out and the next desperate person takes your place.

The invisible hand.

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Re:The startup economy is fundamentally broken and the virus... by adyer07 on Wednesday May 20, 2020 @08:18AM (#23245967)
Sounds a bit like a modern version of The Jungle.
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Re:The startup economy is fundamentally broken and the virus... by jonfw on Wednesday May 20, 2020 @09:00AM (#23246328)
What about the uber drivers who rent cars and still find it worthwhile?

Do the rental companies also not understand depreciation?

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Re:The startup economy is fundamentally broken and the virus... by qeternity on Thursday May 21, 2020 @03:13AM (#23255659)
The vast majority of Uber drivers I have are professionals doing it full time for many years.
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