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Any dot.com startup before the bust. Just obviously not at this scale.
by gorbachev 7y ago
Any dot.com startup before the bust. Just obviously not at this scale.
- elliekelly 7y agoAt the risk of sounding like an alarmist, I’m starting to suspect Uber will be the Bear Sterns that goes under and kicks off our next recession. I’m not certain our economy & social safety nets could absorb the sudden unemployment of a large portion of the gig economy.
- winfred 7y agoAll those drivers would just start the next day driving for Lyft etc. Most drivers already drive for multiple platforms, so it would be a mostly seamless switch. Just losing one platform in the gig economy doesn't remove either the customer demand or the drivers.
- pishpash 7y agoNo, because the likely last straw would be over-onerous regulation, and that would end up killing all gig companies.
- winfred 7y agoI wish. But the reality is that if that regulation comes, it's going to be state regulation and not federal, so the effect would take years to unfold and be state by state and never reach 100%.
- djsumdog 7y agoMakes me wish the Fucked Company website was still around. I'm sure Uber would be on it constantly.
- jacquesm 7y agoMaybe you could get this guy interested in doing a re-run? https://news.ycombinator.com/user?id=pud https://news.ycombinator.com/user?id=pud