2 ms·
Well, not really. Their product is really a two-sided market with prices controlled by themselves - matching drivers, unregulated and not employed by Uber, to p
by vertex-four 10y ago
Well, not really. Their product is really a two-sided market with prices controlled by themselves - matching drivers, unregulated and not employed by Uber, to passengers. They could do that with nothing more than a call center and a spreadsheet of roughly where drivers are if the tech didn't exist, and it'd still be cheaper and avoid the monopoly of the taxi companies.
Whether it'd largely avoid the ire of law enforcement if they couldn't hide behind their tech is a different matter.
- nilkn 10y agoWouldn't that more or less just make them into a taxi company? That approach just wasn't working well. The main difference between Uber and taxi companies is that Uber fully utilized modern technology from the ground up to build the platform, and as a result they were able to realize major improvements in terms of speed, reliability, and cost-effectiveness.
- vertex-four 10y agoI think Uber is, in practice, an unregulated taxi company, allowing it to cut costs and pay its drivers less, and it would be just as popular if it had no tech at all.
- deleted 10y ago[deleted]