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I think the only way the argument that they're ripping off riders makes sense is if you look at it as a long-term thing: by burning money to give riders unsusta
by majormajor 5y ago
I think the only way the argument that they're ripping off riders makes sense is if you look at it as a long-term thing: by burning money to give riders unsustainable prices for years, they sabotaged any more-realistic alternatives to improve mobility.
I'm not sure I buy that, personally. I don't think riders are victims. Uber to me has always looked like a way to subsidize a bunch of cheap rides for riders with some wildly-optimistic "one day this will be profitable and we'll be the biggest name in the space" plan. Even self-driving cars didn't seem like the answer - that's a massive investment in a vandalism magnet, like the scooter companies but dozens of times more expensive (maybe running a scooter business helped them realize this?).
The problem with trying to profit off "scale" with something like Uber is that the service still has to be delivered one-on-one. Things like Uber Pool are the closest they can get to scale, but suffer from a "why am I paying for this" problem as the experience suffers and the cost can't be that low (since their base rate is artificially low already).
- Eric_WVGG 5y agoI buy it. It's predatory capitalism, cut and dried. They're reshaping the marketplace.
- vineyardmike 5y agowhat marketplace? Didn't the invent it? Taxis are only available in a few places and not cheaply. I lived in Cleveland and i tried a taxi once. It was $100 to get to airport from within city limits. It was a 2 hour wait. Uber basically invented usable taxis there.
- selimthegrim 5y agoYou couldn’t take a cab to the Rapid?
- vineyardmike 5y agoGetting into the cab at all is expensive and time consuming, the rapid just makes that a smaller portion of the trip. I did take ubers/friends to the rapid all the time.