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Allow me to present the world’s smallest violin. We’ve forgotten what “good technology” means.
by freyr 7y ago
Allow me to present the world’s smallest violin.
We’ve forgotten what “good technology” means.
- human20190310 7y agoUber and Lyft both work pretty well from the customer's perspective.
- mamon 7y agoBut they work pretty bad from their shareholders perspective since they generate loss on every ride. Even if they avoid all the legal landmines, they still might have to shut down for the simple reason of running out of money (and shareholders running out of patience).
- drstewart 7y agoWhat does that have to do with "good technology" though?
- ardy42 7y ago> they still might have to shut down for the simple reason of running out of money (and shareholders running out of patience). My prediction is that Uber and Lyft will either themselves morph into something more like traditional cab companies, or their technology will be bought out of bankruptcy to build something similar. The world will run out of suckers who want to lose money subsidizing their rides and suckers who are willing to wear out their vehicles to drive for them.
- bsder 7y agoWhile I'm certainly no ridesharing apologist, Uber/Lyft have raised the bar significantly in terms of forcing drivers to do basic things that cabs simply failed to do in most places: 1) Actually freakin' show up. 2) Not take the lifetime of the universe showing up 3) Accept credit cards 4) Clean their car occasionally I can go on ... If Uber/Lyft completely flame out, I would not like to see these things go back to the way they used to be.
- freyr 7y agoThey're use products, I just wouldn't call them "technology." The technology is everything that enables these apps (GPS, mobile chipsets, cellular technology, mobile OS, etc.).