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It depends on who owns, maintains, and is paying for the vehicle and license/medallion to operate. The whole system - whether Uber/Lyft drivers who "relied on
by breput 5y ago
It depends on who owns, maintains, and is paying for the vehicle and license/medallion to operate.
The whole system - whether Uber/Lyft drivers who "relied on their unfamiliarity with capital depreciation calculations"[1] or traditional cabbies who, let's be honest is not a glamorous job, is tenuous at best. Cutting out the lowest cost factors and replacing them with technology and also incurring the fleet costs doesn't really seem like a great business.
[1] https://pluralistic.net/2021/08/10/unter/#bezzle-no-more https://pluralistic.net/2021/08/10/unter/#bezzle-no-more