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Seattle has the authority to change the conditions of employment - how much less Uber pays in exchange for the flexibility. Uber/Lyft has a right to stop operat

• AnthonyMouse 6y ago
  Some amount of ride sharing works under arbitrarily unreasonable conditions. Making $1 is better than making $0. But it's not as good, for multiple parties, as the alternative where they make a million dollars, more drivers have work, more passengers can afford rides and the existing passengers (many of which are also lower income people) pay less for them.
• formercoder 6y ago
  Exactly. The only question here is can Uber/Lyft operate in an npv positive manner under these new regulations? If so, then they will and the regs hurt their margins in order to serve workers and that’s fine. If not, they’ll leave, and these people won’t have driving as a source of income.
  • JamesBarney 6y ago
    They could continue to operate but with less drivers, fewer hours worked, and fewer total dollars being paid out to their employees. Thus hurting the employees, anyone who relies on ubers, and the companies while benefiting a subset of drivers who will make more money per hour.
    • formercoder 6y ago
      Precisely. They could do that, they only will do that if the returns from doing so exceed their cost of capital.