Re:Uber CEO says its service will probably shut down tempora...
by bsder on Wednesday August 12, 2020 @07:25PM
(#24138275)
Rideshare was preferred for two reasons:
1) It was VASTLY cheaper due to VC cash subsidy attempting to become the single monopoly. That's not an "efficient market"--that's predatory--and eventually the cities will have to deal with the aftermath in the cab system when Uber/Lyft collapse.
2) My feedback could hit the driver directly--so the failure modes of cabs were prevented (not picking people up, taking too long to pick people up, not driving them where they want to go, taking stupid paths, etc.).
1) It was VASTLY cheaper due to VC cash subsidy attempting to become the single monopoly. That's not an "efficient market"--that's predatory--and eventually the cities will have to deal with the aftermath in the cab system when Uber/Lyft collapse.
2) My feedback could hit the driver directly--so the failure modes of cabs were prevented (not picking people up, taking too long to pick people up, not driving them where they want to go, taking stupid paths, etc.).