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Uber currently pays these "low skilled people" ~75% of the fare which leaves a lot of headroom to lower prices and still pay for vehicles and cleaning. Rental
by jonknee 8y ago
Uber currently pays these "low skilled people" ~75% of the fare which leaves a lot of headroom to lower prices and still pay for vehicles and cleaning.
Rental car companies show how few people it takes to maintain a very large fleet of vehicles and it will take even fewer if they can drive themselves (an autonomous car can go through a wash on its own, charge itself, show up at a detailing station on demand, etc).
- CPLX 8y agoWhat is the makeup of that 75% number? Does that number reflect an analysis of the cost of the actual human work of driving the car only, or is that just the number for average actual remittances from Uber to the driver? If so it includes assumption of capital risks, auto depreciation, gas, tire wear, broken glass, vandalism and cleaning, traffic tickets, maintenance, towing, and every other expense of physically delivering the ride. Getting rid of the human driver only saves real money on driving labor. The payments to drivers have much more to them.