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by throwaway91111
3433 days ago
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Public transit isn't an option in the country. Neither is biking: you can't bike your father to the er when his hip breaks. Uber is, and it's displacing sustainable transit. What happens when they try to justify it? They're basing their world view on efficient economies, but they're getting there with a subsidized economy. The way this ends is either with a) starving drivers or b) unaffordable transport for those below average income. |
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It ends with Uber running out of money. Higher interest rates would end Uber very quickly, unless it has some very wealthy patróns that aren't actually interested in making money.