News for hackers. Stuff that matters.

A comment on Amazon documents reveal company’s strategy to dodge India’s regulators. Parent comment

Re:Amazon documents reveal company’s strategy to dodge India... by c22 on Wednesday February 17, 2021 @01:24PM (#26169683)
Uber is just a different rent seeker, though. Over time the situation will likely just keep getting worse until it is as bad as the system it is replacing (many things about the ride-sharing ecosystem are already not great...)

While it's always nice to see a broken rent-seeking system in our world become eroded we should not laude the transfer to another fiat regency.

[ Parent | on HN ]
Re:Amazon documents reveal company’s strategy to dodge India... by isoskeles on Wednesday February 17, 2021 @07:08PM (#26173660)
Rent-seeking means, roughly, trying to extract wealth without creating any wealth.

Creating and maintaining software that connects a person with a device to a driver with a device and routes them from point A (driver) => A' (person) => B (destination) isn't some trivial nothing that you can just rent-seek into existence. I believe 'wealth' was added to the economy that did not previously exist when people had to deal with hailing cab drivers, not have a map of their route, and not know an approximation of their fare ahead of time.

[ Parent | on HN ]
Re:Amazon documents reveal company’s strategy to dodge India... by 908B64B197 on Wednesday February 17, 2021 @07:13PM (#26173702)
And payment processing.

Remember the sign on cabs that said they accept all major cards, only to find out the "card reader doesn't work?".

[ Parent | on HN ]
Re:Amazon documents reveal company’s strategy to dodge India... by omginternets on Monday February 22, 2021 @06:03PM (#26231869)
>Remember the sign on cabs that said they accept all major cards, only to find out the "card reader doesn't work?".

Do I?! It's still commonplace! I have lost every ounce of sympathy I ever held for taxi drivers.

[ Parent | on HN ]
Re:Amazon documents reveal company’s strategy to dodge India... by PoignardAzur on Tuesday February 23, 2021 @09:14AM (#26237437)
Even if we accept that claim, at least Uber has to compete with other VTC apps, which limits its rent-extracting capacity.
[ Parent | on HN ]
Re:Amazon documents reveal company’s strategy to dodge India... by portpecos on Wednesday February 17, 2021 @03:26PM (#26171251)
By that statement, you can claim TaskRabbit and the like are also rent-seekers.
[ Parent | on HN ]
Re:Amazon documents reveal company’s strategy to dodge India... by c22 on Wednesday February 17, 2021 @05:29PM (#26172681)
Yes.
[ Parent | on HN ]