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Re:Uber drivers say rideshare surge pricing backfired on New... by meritt on Friday January 02, 2015 @04:23PM (#8828634)
Yup, sounds like you're right. What should have been an automated algorithm based on supply & demand was instead hand-tuned by an idiot and fucked everyone over.

Well done Uber.

Re:Uber drivers say rideshare surge pricing backfired on New... by prostoalex on Friday January 02, 2015 @04:59PM (#8828810)
I'd argue that it's a special night, one of the few nights where people like to make plans in advance.

Therefore traditional push notification to get behind the wheel and start driving wouldn't work if the driver already made plans to celebrate New Year's with the family (and perhaps consume alcohol).

Re:Uber drivers say rideshare surge pricing backfired on New... by potatolicious on Friday January 02, 2015 @04:49PM (#8828750)
This is why I like Lyft a lot more. They don't take a cut of the surge portion of the fare - and removes the incentive for them to override the surge multiplier for profits' sake.
Re:Uber drivers say rideshare surge pricing backfired on New... by adamio on Friday January 02, 2015 @04:56PM (#8828794)
This used to be the case, but Lyft now takes 20% of the total fare, including surge
Re:Uber drivers say rideshare surge pricing backfired on New... by potatolicious on Friday January 02, 2015 @05:04PM (#8828825)
Aww crap. Guess I stick to regular taxis from now on...