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Is Uber technology or is it a Ponzi scheme? I admire their technology at the same time as I have absolutely no faith in their ability to ever turn a profit, and
by CalChris 10y ago
Is Uber technology or is it a Ponzi scheme? I admire their technology at the same time as I have absolutely no faith in their ability to ever turn a profit, and more particularly, ever be a net benefit.
No, the technology label is not sufficient. It isn't an immunity necklace. It doesn't mean inevitability. I say this as an engineer.
- rjtavares 10y agoA company isn't a technology, it's a business model built on technology. Uber's technology (mobile-enabled P2P networks connecting service providers to customers) is definitely unavoidable. Uber's business model isn't.