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By providing a service that was more convenient, safer and affordable than the alternatives protected by regulatory rent-seeking.
by BadassFractal 6y ago
By providing a service that was more convenient, safer and affordable than the alternatives protected by regulatory rent-seeking.
- AgloeDreams 6y agoLol. Haha. You mean, overcrowding a market with underpaid positions, sold with lies and marketing to make them sound better than they are, to force people with full time jobs out of work so that people could get a ride in a vehicle with no safety, security, (or originally) background verification while doing all they could to cheat regulations, driver and user privacy, tax laws, climate change, and eventually, now, rent-seek, to boost stock prices to pad Vegas parties and investor portfolios. Modern ride sharing is not sustainable, environmentally friendly, or a 'job' and this doesn't exempt the bad behaviors by taxi companies, but understand this is the end destination of capitalism invading a regulated economy.
- matmann2001 6y agoPlaying devil's advocate here, but how do you think they managed to make a more affordable solution? If you think it's entirely due to their technology, I'm afraid you'd be mistaken.
- BadassFractal 6y agoNot obvious, but entirely plausible. I'd be curious to see what a more sustainable pricing would look like on the consumer's end.
- deleted 6y ago[deleted]
- matmann2001 6y agoMore than plausible. The fact that Uber does not generate profit means they are effectively subsidizing rides with VC and IPO funds.