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There are orders of magnitude more uber drivers now than there were taxi drivers ten or twenty years ago. The point isn’t that these jobs didn’t exist or were r
by 0xB31B1B 8y ago
There are orders of magnitude more uber drivers now than there were taxi drivers ten or twenty years ago. The point isn’t that these jobs didn’t exist or were replaced 1:1, the point is that there is a super steep demand curve in these services so a drop in price by 10% means 10x demand at that reduced price, which means the number of drivers now is much much more tha. It used to be to satisfy those orders
- AlexandrB 8y ago> The point isn’t that these jobs didn’t exist or were replaced 1:1, the point is that there is a super steep demand curve in these services so a drop in price by 10% means 10x demand at that reduced price, which means the number of drivers now is much much more tha. It used to be to satisfy those orders Let me go out on a limb and say: who gives a shit that there’s now more demand? This is not a good thing, demand for Uber is often replacing demand for public transit and bringing with it additional congestion[1], pollution, and waste in the classical “broken window” style. This is economic growth for the sake of itself - not towards any kind long term prosperity for the human race. [1] https://digitalcommons.hope.edu/curcp_16/147/ https://digitalcommons.hope.edu/curcp_16/147/
- jimmaswell 8y agoMake transit as attractive as you think it "should" be and these people wouldn't be choosing uber instead.