[rpmcmurphy]

The change that nobody is factoring into predictions is what happens if local governments pass minimum pay requirements for drivers. This will end the race to the bottom, which will be a good thing for all parties (except passengers who are freeriding off investor subsidies and crap driver pay).

[aianus]

As a driver, the pay is well over (+30%) minimum wage after all expenses including depreciation.

Don't know where this 'crap pay' trope is coming from, might be different in different markets.

[rpmcmurphy]

30% over minimum wage. Wow, sign me up! That would be $18 an hour in San Francisco, so working a 40 hour week, that would be about $2900 pre tax. Let's shave off 25% for taxes, that's $2160 per month, not enough to make rent (and that's assuming you allocate 100% of your income to rent). Explain again how this is not crap pay.

[aianus]

It's good pay for an easy job that requires no skills and offers perfect flexibility. The alternatives are a lot shittier.