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Disgusting that drivers are making this little. And Lyft is supposed to be the better of the two evils? I wonder how the alternative platforms in places like Au
by miguelazo 4y ago
Disgusting that drivers are making this little. And Lyft is supposed to be the better of the two evils? I wonder how the alternative platforms in places like Austin are doing and what their split is these days. I was there recently and was surprised that Lyft had been allowed to operate-- apparently the state government gave them permission to operate over the local ordinances that had been passed requiring fingerprints, etc.
I enjoyed the depiction of the retro Lyft operating in the old taxi model. I agree that would probably be more efficient. These companies, like most tech, relied on extremely lax regulation, super low interest rates, QE, and dumb VCs to produce a myth of greater efficiency. It was enough to undermine an entire industry. And to think driving a taxi used to be a middle class job in some places. No wonder so many medallion owners committed suicide.
- coding123 4y agoWhat happened? 400k salaries for developers happened.
- miguelazo 4y agoAnd don't forget the "product managers" and executives. Much harder to justify that type of capture in call center model.
- magic_man 4y agoSome companies make enough in cash flow to justify paying engineers that much like facebook, google, or apple. Lyft doesn't generate the cash flow or income to do it.
- miguelazo 4y agoOnly as long as advertisers remain stupid. https://us.macmillan.com/books/9780374538651/subprimeattentioncrisis https://us.macmillan.com/books/9780374538651/subprimeattenti...
- spaceman_2020 4y agoBut how else will we create 10,000 microservices to power our taxi app?