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I don't know about that. Computers and Tvs and cellphones used to be only for rich elite businessmen, now, not everyone can afford to have one, but even lower middle class people can pick up a $200 chromebook, or finance a phone and the technology they have access to for the same or very similiar prices gets better every year. There are actually very few things in life in which the quality and amount of it that can be afforded for the same price each year increase so much annually for someone with stagnant wages and little economic mobility, as hardware and software technology, and services that optimize their efficiency and prices based on it. In general, the expanded use of something, especially with realistic competitors such as Lyft, results in the cost goes down and becomes more affordable over time. Most new technology and services related to it are expensive in the beginning and become more affordable and common over time. Right now, a VR headset from Oculus Rift is expensive for most people and usually only tech geeks who work in the industry can afford the toys they make, but over time, everyone who has a tv will have it at an affordable price, and everyone will laugh at how expensive it use to be for such bad graphics compared to what they have access to in 40years. If more Ubers, Lyft and other ride sharing organizations and companies are on the road but less cars overall because they solve traffic problems:
a. competition for price goes up, cost goes down
b. Traffic and therefore commute times and cost of fuel goes down, which also aids in driving price down. This is the same thing for technology hardware manufactoring, if anything, Samsung is struggling not to go out of business in certain areas because the cost of a TV is so cheap now, and they actually make ridiculously expensive and luxurious tvs now to cater to the wealthy to help keep that sector afloat. Cellphones now are in remote places in Africa, allowing farmers to develop their own trading systems via communication they never had before and an entire internal market for crop trading and development and business is now viable for people in third world countries because they have access to affordable phones now. That would have never happened though if the first phone had to be affordable for everyone. The first time someone does something, theres a lot of R&D time, waste inefficiency, testing cycles and messy feedback from customers through first iterations. The first time someone learns how to sew, they may waste lots of cloth trying to make a dress that is nice enough someone will pay for, and probably sell an ok dress for a price that does not exceed the amount of time and effort they put in, but it will still only be for rich women. It was very rare back in the late 1890's that someone could afford to buy premade clothing, and everyone had to learn how to sew their own clothes because it was too expensive. But its a good thing that very expensive market was sustained and not ousted just because only rich people could afford to buy a premade dress. Looking back, its clearly inefficient and a loss of time and money for everyone to have to be educated at that skill, the same way we will look back and find it particularly wasteful for anyone who spends the majority of their life in urban areas to have their own car and have to waste time navigating their own transportation, and if they need to venture out of the city for a day or the weekend, rental hubs will abound at the outskirts as they already do in NYC and other areas, for rental for an hour, 4hours or a day or more. This is kind of the cycle of development. It's a good thing computers arent the size of small rooms or even small houses anymore or even that a small one cost an arm and a leg, we would all feel that to be ridiculous. in my mind, I think its ridiculous that families both rich and lower middle class are obligated to maintain 1-2 cars, usually two if both parents work, and then kids who get jobs before they move out and need to navigate themselves after school, have to invest thousands and thousands of dollars. If you are poor its even worse because you will have to buy a used car, and spend more time and money fixing your car when it breaks down, but in unpredictable spurts that costs anywhere from hundreds or thousands of dollars, making it even more chaotic for poor families to navigate through life. As far as America's bus transportation in most cities. Give me a break. Barely anyone who is not on welfare uses my cities transportation, and its a 45minute ride minimum to get to the poorest area to the closest sector that offers them jobs. That's a lot of time each way minimum for a single working mother on welfare trying to get herself out of a bad situation, struggling between spending hours on a bus for a ten minute ride in a car for a better salary and affording rent. I find usually liberal elite trying to make arguments for the lower working class and people struggling to get out of welfare usually end up shooting not themselves but the people they claim to be speaking for in the foot. Not surprisingly, in my area people on welfare are some of the largest and loudest demographics wanting Uber, because they lost all hope in their own public transportation system years ago. It's not just bad, its disgraceful, and when I find myself trying to schedule a cab (yes in my city you have to schedule and theres usually a 45minute wait minimum but thats rarely accurate) in person, which hopefully saves you bit more than calling, its crowded with people on welfare trying to get cabs with children in tow, and being robbed blind based on arbitrary taxi prices. This may not be the case in the city, but actually rural poor and isolated economically struggling cities like Detroit and upstate NY who don't have subways can benefit greatly from Uber, much more so than the middle class. Is there any product or service that has ever existed involving technology that was affordable for everyone the very first release of it? |