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> They aren't providing value for "common people", they are trying to capture the market with massive subsidies. That itself is cause for a huge amount of conce
by AsyncAwait 9y ago
> They aren't providing value for "common people", they are trying to capture the market with massive subsidies. That itself is cause for a huge amount of concern.
Your overall concern is valid, but I'd disagree with them not providing value. They're significantly cheaper, cleaner and more accessible than regular cabs in many places, but I agree this is likely to change once they have a monopoly.
- ghaff 9y agoIt's probably also the case that most "common people" don't actually take cabs and other forms of private cars all that much.
- FabHK 9y agoIt seems to me that Uber transfers value from Uber investors, Uber drivers, and regular cabs to Uber employees and, yes indeed, Uber riders - for now, as you say.