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> changing the number of transactions you absolutely are, that's the whole point of it being more efficient. the pie grows and everyone wins. you are also sta
by abigail95 4y ago
> changing the number of transactions
you absolutely are, that's the whole point of it being more efficient. the pie grows and everyone wins.
you are also starting the story in the middle. there is no two parties haggling value. there is a market of providers and a market of sellers. Uber/Lyft/DiDi all compete for drivers by offering bids to drivers. Drivers pick the highest bid. What's the inefficiency here?
the value from gig work and ride sharing, like nearly every single normal economic act is not fucking zero sum.
- Dylan16807 4y agoIf you manage to always offer drivers the minimum they will accept, you don't grow the pie, you just take more of it. > Uber/Lyft/DiDi all compete for drivers by offering bids to drivers. Drivers pick the highest bid. What's the inefficiency here? The inefficiency is when there aren't plentiful rides from multiple platforms, so the competition part goes away. > the value from gig work and ride sharing, like nearly every single normal economic act is not fucking zero sum. The value of the work isn't zero sum but the way the surplus is distributed is often zero sum. Though if a worker is aiming for a specific amount of profit, and you manage to cut their pay to get more hours out of them, it's not zero sum but the effect on the worker is even worse.