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> Why would someone pay $10 for the Uber service, meanwhile the local one is just $3? In this scenario Uber would give endless promos pricing the trip at $2.90

> Why would someone pay $10 for the Uber service, meanwhile the local one is just $3? In this scenario Uber would give endless promos pricing the trip at $2.90 until they’ve degraded the public bus service to a level where no one wants to use it. Then they jack up the prices.

JumpCrisscross 1y ago
> In this scenario So based entirely on a hypothetical that didn’t pan out with Uber’s original services.
- ujkhsjkdhf234 1y ago
  Are you implying Uber isn't more expensive than when it first started? Because it is.
  - JumpCrisscross 1y ago
    > Are you implying Uber isn't more expensive than when it first started? Because it is Of course not. I'm saying (not implying) that Uber never jacked up its rates beyond what the competition, including taxis, charge.
    - mmooss 1y ago
      Aren't you all agreeing then - when there's competition, such as public transit, Uber will keep its prices competitive. When there's no competition ...
      - JumpCrisscross 1y ago
        > when there's competition, such as public transit, Uber will keep its prices competitive. When there's no competition The when is a bogeyman. It's never happened. We're trading present benefits against a hypothetical downside with easy remedies if it appears.
        ujkhsjkdhf234 1y ago
        As I mentioned in another comment, Project 2025 calls for cuts to public transit and instead giving funding and subsidies to private companies like Uber or Lyft to provide transit. Republicans already hate funding transit so how do these easy remedies appear to you? If transit was properly funded, Uber wouldn't have done this to begin with.
        JumpCrisscross 1y ago
        > If transit was properly funded, Uber wouldn't have done this to begin with It’s not. That’s not Republicans’ fault, there isn’t a great reason for West Virginians to subsidise San Francisco rail.
        ujkhsjkdhf234 1y ago
        West Virginia is a welfare state and the 3rd most dependent on federal funding. California actually gives more money than it gets from the fed. Most red states aren't subsidizing anything, they are the ones living off subsidies. Transit funding at the federal level supports ALL states. Projects in red states are being built due to the transit infrastructure bill passed under Biden.
        FireBeyond 1y ago
        > there isn’t a great reason for West Virginians to subsidise San Francisco rail There's not a great reason for Washingtonians to subsidize Florida's hurricane insurance, but here we are...
        mmooss 1y ago
        Sure there is, such as cooperation, care for others, responsibility for others. Why should those things stop at the West Virginia border? Why fund public goods in West Virginia? Maybe we should fund none at all, have no responsibility for anyone but ourselves.
        mmooss 1y ago
        Wow. That is basic economics and I see it all the time in the marketplace. Wait until the competition cancels your favorite air route and see what happens to the prices. What are the easy remedies? Restart public transit?
- afavour 1y ago
  Are you sure? Here in NYC Uber has pretty much entirely replaced yellow cabs and their prices are a hell of a lot higher than they used to be.
  - JumpCrisscross 1y ago
    > Here in NYC Uber has pretty much entirely replaced yellow cabs Yes for ride hailing [1]. If I recall correctly, Uber gets about 60% of that. > their prices are a hell of a lot higher than they used to be Inflation adjusted? And relative to TLC fares? I remember when taking a cab was a deal compared to Uber, but that hasn’t been the case for years. [1] https://toddwschneider.com/dashboards/nyc-taxi-ridehailing-uber-lyft-data/ https://toddwschneider.com/dashboards/nyc-taxi-ridehailing-u...
    - lovich 1y ago
      Yea. Do you not remember when uber was subsidizing the fuck out of rides? Inflation is a bitch but there’s no way I was getting rides across all of Boston for 2 dollars back in the mid 2010s due entirely to inflation
      - JumpCrisscross 1y ago
        > Do you not remember when uber was subsidizing the fuck out of rides? Sure. I'm not saying Uber's costs didn't go up. I'm arguing they haven't gone up faster than the competition. They never cornered the market to jack up rates because they never had that much pricing power. They loss lead to get a seat at the table, not to buy the whole table.
  - mmooss 1y ago
    > Here in NYC Uber has pretty much entirely replaced yellow cabs Not the NYC I see. Plenty of cabs, can still hail one when I need one. Uber/Lyft require a longer wait, most of the time.
- infamouscow 1y ago
  [flagged]
- const_cast 1y ago
  That's... exactly how uber's services work. For what, 14 years straight they made a few hundred million dollars in the red every year? It's the venture capitalists playbook. Don't bother designing a competitive product, just cheat and flood the market. When you're billions in debt you'll figure it out, hopefully.
philipallstar 1y ago
They won't jack up the prices now the main price-jacking-up event has occurred: having to change the agreement with their contractors to give them employment-like benefits.
- neuralRiot 1y ago
  >They won't jack up the prices now the main price-jacking-up event has occurred “I’ve made nough money already” said no one ever. Probably they won’t on the car service but there will be jacking-up room for the bus service.

JumpCrisscross 1y ago

> In this scenario So based entirely on a hypothetical that didn’t pan out with Uber’s original services.

ujkhsjkdhf234 1y ago
Are you implying Uber isn't more expensive than when it first started? Because it is.
- JumpCrisscross 1y ago
  > Are you implying Uber isn't more expensive than when it first started? Because it is Of course not. I'm saying (not implying) that Uber never jacked up its rates beyond what the competition, including taxis, charge.
  - mmooss 1y ago
    Aren't you all agreeing then - when there's competition, such as public transit, Uber will keep its prices competitive. When there's no competition ...
    - JumpCrisscross 1y ago
      > when there's competition, such as public transit, Uber will keep its prices competitive. When there's no competition The when is a bogeyman. It's never happened. We're trading present benefits against a hypothetical downside with easy remedies if it appears.
      - ujkhsjkdhf234 1y ago
        As I mentioned in another comment, Project 2025 calls for cuts to public transit and instead giving funding and subsidies to private companies like Uber or Lyft to provide transit. Republicans already hate funding transit so how do these easy remedies appear to you? If transit was properly funded, Uber wouldn't have done this to begin with.
        JumpCrisscross 1y ago
        > If transit was properly funded, Uber wouldn't have done this to begin with It’s not. That’s not Republicans’ fault, there isn’t a great reason for West Virginians to subsidise San Francisco rail.
        ujkhsjkdhf234 1y ago
        West Virginia is a welfare state and the 3rd most dependent on federal funding. California actually gives more money than it gets from the fed. Most red states aren't subsidizing anything, they are the ones living off subsidies. Transit funding at the federal level supports ALL states. Projects in red states are being built due to the transit infrastructure bill passed under Biden.
        FireBeyond 1y ago
        > there isn’t a great reason for West Virginians to subsidise San Francisco rail There's not a great reason for Washingtonians to subsidize Florida's hurricane insurance, but here we are...
        mmooss 1y ago
        Sure there is, such as cooperation, care for others, responsibility for others. Why should those things stop at the West Virginia border? Why fund public goods in West Virginia? Maybe we should fund none at all, have no responsibility for anyone but ourselves.
      - mmooss 1y ago
        Wow. That is basic economics and I see it all the time in the marketplace. Wait until the competition cancels your favorite air route and see what happens to the prices. What are the easy remedies? Restart public transit?
afavour 1y ago
Are you sure? Here in NYC Uber has pretty much entirely replaced yellow cabs and their prices are a hell of a lot higher than they used to be.
- JumpCrisscross 1y ago
  > Here in NYC Uber has pretty much entirely replaced yellow cabs Yes for ride hailing [1]. If I recall correctly, Uber gets about 60% of that. > their prices are a hell of a lot higher than they used to be Inflation adjusted? And relative to TLC fares? I remember when taking a cab was a deal compared to Uber, but that hasn’t been the case for years. [1] https://toddwschneider.com/dashboards/nyc-taxi-ridehailing-uber-lyft-data/ https://toddwschneider.com/dashboards/nyc-taxi-ridehailing-u...
  - lovich 1y ago
    Yea. Do you not remember when uber was subsidizing the fuck out of rides? Inflation is a bitch but there’s no way I was getting rides across all of Boston for 2 dollars back in the mid 2010s due entirely to inflation
    - JumpCrisscross 1y ago
      > Do you not remember when uber was subsidizing the fuck out of rides? Sure. I'm not saying Uber's costs didn't go up. I'm arguing they haven't gone up faster than the competition. They never cornered the market to jack up rates because they never had that much pricing power. They loss lead to get a seat at the table, not to buy the whole table.
- mmooss 1y ago
  > Here in NYC Uber has pretty much entirely replaced yellow cabs Not the NYC I see. Plenty of cabs, can still hail one when I need one. Uber/Lyft require a longer wait, most of the time.
infamouscow 1y ago
[flagged]
const_cast 1y ago
That's... exactly how uber's services work. For what, 14 years straight they made a few hundred million dollars in the red every year? It's the venture capitalists playbook. Don't bother designing a competitive product, just cheat and flood the market. When you're billions in debt you'll figure it out, hopefully.

philipallstar 1y ago

They won't jack up the prices now the main price-jacking-up event has occurred: having to change the agreement with their contractors to give them employment-like benefits.

neuralRiot 1y ago
>They won't jack up the prices now the main price-jacking-up event has occurred “I’ve made nough money already” said no one ever. Probably they won’t on the car service but there will be jacking-up room for the bus service.