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A comment on OpenAI is too cheap to beat. Parent comment

Re:OpenAI is too cheap to beat by taneq on Thursday October 12, 2023 @11:25PM (#37866226)
Uber's surge pricing is dumb in places where they're competing with traditional taxi ranks. I usually pay $35-$45 for an Uber to/from the airport, but if a couple of flights land at once, suddenly Uber is $85+ and the taxis are only $55.
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Re:OpenAI is too cheap to beat by Ridj48dhsnsh on Friday October 13, 2023 @06:15PM (#37876210)
Sounds to me like it's working perfectly.

The point of surge pricing is to rebalance supply and demand when demand for rides outstrips supply of drivers, whether by attracting more drivers or by discouraging price sensitive riders.

Some riders at the airport will strongly prefer Uber, for whatever reason, so they're less price sensitive than you. Because you're happy to substitute an Uber for a taxi, you decrease the demand as a response to the surge pricing, preserving the limited supply of drivers for the riders who really want them (or are at least are price insensitive enough to pay for that privilege).

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