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I've all but stopped taking Uber / Lyft in SF since the pool option was removed and $6 dollar rides started becoming $20+. Mostly adjusted lifestyle by: 1. Tak
by czhu12 5y ago
I've all but stopped taking Uber / Lyft in SF since the pool option was removed and $6 dollar rides started becoming $20+. Mostly adjusted lifestyle by:
1. Taking buses
2. Traveling less in general
I guess the $6 ride business model was never sustainable.
I'm actually all for better treatment of ride-share drivers, but I can't help but feel that it doesn't necessarily help drivers if the volume of rides drop significantly as they get more expensive due to regulations.
I've noticed most commentary around this topic tend to skirt this issue. What is a sensible response to this?
- sitkack 5y agoThe price should be 20$+, there wasn't much middle ground, it is nice to have cheap rides for certain things but if the low cost option dominates, the whole model is unsustainable.
- czhu12 5y agoI guess my question is less about the economics of Uber but more: How do we think through the fact that a certain portion of Uber drivers will lose their job due to a drop in demand driven by these new regulations? Unless the argument is that Uber makes so much money they can afford to compensate their workers more. But, clearly, that doesn't seem to be the case.