5 ms·
That can't possibly be true surely, a whole industry of people can't have failed to notice that they are losing money over time.
by VBprogrammer 6y ago
That can't possibly be true surely, a whole industry of people can't have failed to notice that they are losing money over time.
- aeturnum 6y agoThere was a study which suggest this is the case about 30% of the time[1], though they have also been criticized by Uber and others as under-counting the amount of money gained from ridesharing[2]. I think it's fair to critique the ridesharing companies for using a business model that requires their workers to do far more complicated calculations than most workers in order to ensure that they are working in a financially beneficial way. [1] https://orfe.princeton.edu/~alaink/SmartDrivingCars/PDFs/Zoepf_The%20Economics%20of%20RideHialing_OriginalPdfFeb2018.pdf https://orfe.princeton.edu/~alaink/SmartDrivingCars/PDFs/Zoe... [2] https://www.vox.com/2018/3/3/17074782/uber-mit-study-less-than-4-hour-flawed https://www.vox.com/2018/3/3/17074782/uber-mit-study-less-th...
- DangitBobby 6y agoFound this [1] in the Twitter thread linked in the Vox article. MIT revised upward their estimation of taxi-app drivers' income significantly after taking into account some criticism of their methods: 1. https://www.npr.org/sections/thetwo-way/2018/03/07/591430857/researcher-says-criticism-is-valid-will-revise-study-finding-low-uber-and-lyft-p https://www.npr.org/sections/thetwo-way/2018/03/07/591430857...