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Look, it's not like taxis or Uber/luft are a basic human necessity to be subsidized. Public transport exist, and for people that actually need a car on a daily
by quickben 10y ago
Look, it's not like taxis or Uber/luft are a basic human necessity to be subsidized.
Public transport exist, and for people that actually need a car on a daily basis, cars exist.
Taxis are luxury service and not subsidized ( as that word is defined in the dictionary) by money offsets. We can derail this into whether medallions/insurance regulation should be there, but the hard cold argument here is : Money. Lots and lots of money.
Uber/luft are subsidized by hard cash just to exist.
I drive, so from the outside, this looks as if somebody was subsidizing Android watches, because they'll overtake real watches.
It's a business gamble, but many are mistakenly taking it as a fact.
So, correspondingly, expect either prices to keep rising on Uber/luft/etc, or them to go out of business.