4 ms·
> The only issue is that companies like Uber are lying to themselves and their investors that costs will go down significantly in the future. did you not read
by bananapub 3y ago
> The only issue is that companies like Uber are lying to themselves and their investors that costs will go down significantly in the future.
did you not read the article? the entire thing premise is that is not true and there are negative externalities and incentives even if the company doesn't ever make a profit.
- qwytw 3y agoWell to be fair Uber is almost profitable at this point (just -1.78% net margin) so if they actually wanted to they could be profitable in a quarter or two..