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> reduced economic efficiency through misallocation of resources Uber and Lyft generate 70 percent more pollution than trips they displace[0] >reduced wealth
by Teever 4y ago
> reduced economic efficiency through misallocation of resources
Uber and Lyft generate 70 percent more pollution than trips they displace[0]
>reduced wealth creation
Uber and Lyft are pushing drivers into poverty[1]
> lost government revenue
How Uber dodges paying tax in Canada[2]
I don't care about the complexity of the the black box algorithm that Uber implements because I know what purpose it serves. The whole purpose of Uber is to make people entirely dependent on it by driving out alternatives like local cab companies and public transit through low prices subsidizes by Saudi money.
I think it's great that Uber has forced cab companies to modernize and make their services more convenient but we both know what will happen if Uber gets a stranglehold on this market. You'll see jacked up prices for the captive market and declining service.
This is how it always goes.
[0] https://www.theverge.com/2020/2/25/21152512/uber-lyft-climate-change-emissions-pollution-ucs-study https://www.theverge.com/2020/2/25/21152512/uber-lyft-climat...
[1] https://www.nj.com/opinion/2020/03/uber-and-lyft-are-pushing-drivers-into-poverty-opinion.html https://www.nj.com/opinion/2020/03/uber-and-lyft-are-pushing...
[2] https://troymedia.com/technology/how-uber-dodges-paying-taxes-in-canada/ https://troymedia.com/technology/how-uber-dodges-paying-taxe...
- addicted 4y agoUber is best understood as a legal entrepreneur. Their skill lies entirely in breaking laws in a way that allows them to make more money than the fines they pay. In addition to their legal entrepreneurism their next skill lies in hiding externalities. They push costs to everyone else (drivers, riders, cities by massively increasing traffic, everyone who lives in those cities who have to deal with the noise and pollution of the additional traffic, etc) without having to bear any of it themselves.
- meheleventyone 4y agoSounds more like a parasite.
- ejb999 4y ago>>Their skill lies entirely in breaking laws in a way that allows them to make more money than the fines they pay. Almost like AirBnB's model.