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That's not the point. Yes, Uber et. al. made a desirable product, but it's not a sustainable one. As Uber feels the purse strings tighten, they now have to rais
by 0_____0 5y ago
That's not the point. Yes, Uber et. al. made a desirable product, but it's not a sustainable one. As Uber feels the purse strings tighten, they now have to raise prices to roughly what taxis were charging before. The last time I hired a car from the airport to home, it was actually cheaper to hire a guy at the taxi stand than to call a car.
It would be all fine and well if that just meant that some investors ended up subsidizing movement of people for most of a decade, but those subsidies caused real damage. Diverting people from public transit, municipalities subsidizing rides rather than building infrastructure, entrenching worker precarity via things like Prop 22.