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by stale2002
3131 days ago
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Ok, maybe it hurts competitors, but how in the world does it mess with public transportation? Public transportation can't handle the load across the country. If everyone starts using VC subsidized services, that FIXES the public transportation under capacity problem. Public transportation loses money. So if people find something better or cheaper, then all the better! |
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If no one uses public transit, public transit will be hurt clearly.
The real risk though is that people who can afford uber start using it, public transit fails, and then uber increases its price since people have fewer options.
> Public transportation loses money. So
Public transit loses money in a narrow view of things. In the grand scheme though, it's paid for by tax dollars and is for the good of the public.
There have been a few studies that show accessible public transit is a huge factor in benefiting the poor[0].
The fact that it's subsidized by taxes (and thus moreso by the rich than the poor) is part of the reason it can benefit those people who aren't so well off.
If a VC subsidized service takes over, well, VC subsidization is a far less sustainable method of providing for the poor than taxes.
0: https://www.nytimes.com/2015/05/07/upshot/transportation-eme...