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RE: Uber Results, The Free Market, & Why Feminists May Want To Take A Look

in #news6 years ago

Not to defend the cab companies, but Uber has lowered their fares to try and compete with other apps. It's a race to the bottom to maintain market share and everyone is making less now.

http://observer.com/2016/01/uber-drivers-plan-boycott-after-fare-cuts-slash-their-earnings-to-below-minimum-wage/

Sure, monopolies and cartels are bad, but so is this. Uber doesn't care about people, they've openly stated their interest in moving to an all-AI fleet once it's available and legal to do so.

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