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Without tech and its “ecosystem,” if you will, the system of Uber could not have existed at all. - Advanced tech allowed Uber to reach its pervasive global sca
by ryeights 5y ago
Without tech and its “ecosystem,” if you will, the system of Uber could not have existed at all.
- Advanced tech allowed Uber to reach its pervasive global scale
- Insane venture capital valuation allowed Uber to artificially deflate the price of rides to gain market share, with the explicit understanding that they would then leverage their market power to jack up prices
- Near-zero marginal cost of administration allows Uber to recruit far more employees than a traditional cab company ever could, commoditizing the supply of workers and enabling abuses (someone will always take their place)
- High profit margins enable faster spread, and allow the company to spend much more on lobbying and anti-union efforts
- Business-side workers are complicit because they aren’t working at a taxi company with actual human workers on the other end, they’re building a killer app!
- Managers and higher-ups are similarly abstracted away from their decisions
Are all of these properties inherent to the notion of tech itself? No. Could Uber have been built differently, given different managerial decisions? Yes. But tech allows behaviors that were not previously possible.
- smsm42 5y agoWell, that's like saying "without cars Uber could not exist at all". True, but useless. We aren't going to go back to horseback riding to prevent Uber from happening, neither should we. And we're not going to give up on other technology likewise, and likewise neither should we.
- smsm42 5y agoAnd btw taxi companies that you seem to hold here as paragon of virtue, in many cases are nothing but rent-extracting entities that own the medallions (the cost of which has been artificially inflated to make them out of reach of most individuals willing to actually drive a taxi) and charge the drivers for the privilege of being allowed to use it, without ever producing anything useful. And any added value such companies might produce (many of them don't even bother) - like centralized dispatch, convenient user interface, payment processing, etc. - guess what, is enabled by the same technology you blame for Uber.