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A service that is not sustainable cannot be said to be superior. As in each and every Uber ride is subsidized to the tune of a few dollars???!!!! http://mothe
by swehner 10y ago
A service that is not sustainable cannot be said to be superior.
As in each and every Uber ride is subsidized to the tune of a few dollars???!!!!
http://motherboard.vice.com/read/uber-true-cost-uh-oh http://motherboard.vice.com/read/uber-true-cost-uh-oh
https://www.bloomberg.com/news/articles/2016-08-25/uber-loses-at-least-1-2-billion-in-first-half-of-2016 https://www.bloomberg.com/news/articles/2016-08-25/uber-lose...
- cbhl 10y agoPublic transit isn't sustainable either; it's about public good paid for by tax dollars. It usually costs far more to run buses in suburban areas than they bring in revenue. IIRC, there were Amtrak routes in the Northeast that became very popular, and the gov't was bleeding money increasing the amount of service because every ride was subsidized by something like $10-$20/ride.
- swehner 10y agoPlease!
- makomk 10y agoThat seems rather unlikely. Generally, the reason public transport loses money is because it doesn't have enough riders, since the cost is relatively independent of the number of people that use it up to some point. You don't tend to get this kind of success problem in public transport, unlike with (say) VC-subsidised services like Uber.