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No, it assumes that when a driver can no longer make ends meet since they are paying more in maintenance than they are earning, they will no longer have money f
by blackflame7000 7y ago
No, it assumes that when a driver can no longer make ends meet since they are paying more in maintenance than they are earning, they will no longer have money for gas to be an Uber driver, thus quitting.
- dragonwriter 7y ago> No, it assumes that when a driver can no longer make ends meet since they are paying more in maintenance than they are earning, they will no longer have money for gas to be an Uber driver, thus quitting. So, it assumes no new supply of drivers misjudging costs, and no drivers with multiple income streams that fail to recognize the source of maintenance costs and that Uber is losing money. It's basically a “no one will buy lottery tickets or engage in other less-than-break-even gambling for non-entertainment purposes” argument, except that gambling venues are usually required to publish their net payout stats, while Uber isn't.