Hacker News new | ask | show | jobs
by Jommi 2139 days ago
Really? You are really going to assert without any evidence these completely wrong points?

I can tell you straight out, from experience and data, that both of your points are completely incorrect.

1) Its 2020. The "gig economy" is REAL. Its actually a terrible situation for Uber, as competing jobs are more abdundant than ever, and new starts with fresh VC-fueled incetives are popping up left and right.

I can promise you that in nearly every market Uber operates in, the drivers are signed up on every single ridehailing competitor, every single food delivery service, every single grocery delivery service, and every single last mile delivery service.

And they will be constantly looking at where the best bang for buck is. CONSTANTLY.

2) Uber's ridehailing business is profitable in the US. Go check their publicly available investor data.

Uber does have a finnicky relationship with "the law" for sure, in multiple countries. That is completely true. However at some times "the law" is protecting a service that is not in the best interest of the consumer, as has been with most over-protective taxi regulations.