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If the variables are the same to calculate both prices, then it's Uber's cut which is variable. Doesn't sound like a fraud to me, but let's take for example pa
by dullgiulio 10y ago
If the variables are the same to calculate both prices, then it's Uber's cut which is variable.
Doesn't sound like a fraud to me, but let's take for example payment: wasn't Stripe main success driver the simple (and predictable) pricing rule[1]. How long before Lyft or some other company steals drivers from Uber this way?
[1] Together with saner APIs, to be fair.
- basseq 10y agoMore than that: they're different vatiables. One is actual, measured time and distance: this is how drivers are paid. The other is estimated time and distance wrapped up in a risk modeling / worst-case analysis: this is how riders are charged. Estimation vs. measurement. The two converge in an ideal world where risk drops to zero and estimation methodologies are perfect.