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As far as we the public know right now, the only wealth transfer Uber has produced is from investors to drivers and other parties.

• crdoconnor 11y ago
  From investors to customers, perhaps. Definitely not investors to drivers though. Uber are subsidizing rides in the hopes that they can squeeze out the competition, at which point they will jack up prices and milk their monopoly as hard as they can. Whether there is an actual wealth transfer going on depends on whether Uber's bet will be successful. That in turn depends upon whether they can keep classifying drivers as contractors.
  • leereeves 11y ago
    For this reason, as consumers, it's in our long-term interest to use Uber competitors instead of Uber.