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by TeMPOraL
3329 days ago
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> The billions of trips on Uber and similar platforms indicate that this is often the case. > That's the beauty of allowing consumers the choice. It uncovers whether assumptions like this are actually true. It is like constantly running an experiment. From hundreds of years of running market economies in the world we already have a clear experimental result: consumers prefer cheaper goods/services to more expensive ones of equivalent quality. If you can make your service cheaper by subsidizing it with VC money and then even more by ignoring regulation, then there's no surprise consumers will use it - even if long term, the service is unsustainable and socially destructive. |
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I've never had to tell an Uber driver where to go or approximately where my destination is, so it's really frustrating when I can remember a few times where I would get into a taxi and have the taxi guy be frustrated at ME, the paying customer, for not knowing what region of the city my destination was.