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by kevstev
619 days ago
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| Consumer don't actually care that much about this. They care about price - they're very price sensitive. Uber WAS cheaper, so they won. The experience being better matters a little, but not much. And, again, it's not that much better! Certainly, I can catch a cab much faster than an Uber, and consumers are also time sensitive! You are rewriting history here. Most NYers have a story about a cab that either tried to take them for a ride and take a shitty route, charged them an exploitative fee to return their cellphone, had their credit card machine "break" until you insisted you didn't have any cash and it was either a CC card or you are getting out right now... etc. There was absolutely no accountability for them at all and Uber fixed this problem- getting a ride is now actually pleasurable and everything is negotiated up front with no haggling and a full paper trail. Your whole argument is ridiculous, not sure what your axe to grind against Uber is, but its clear you are not being objective here. |
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Tech company comes in, "innovates" by providing a product that's 2x as convenient for 10x the cost, and undercuts competitors by cheating.
To be very clear, Uber IS absolutely a better experience than taking a cab, and I've noted this multiple times. I believe, however, it's not convenient ENOUGH to justify the extreme infrastructure costs.
From an economic standpoint, Uber does not make sense. If you wanted to run an Uber service at that scale, it would be beyond expensive. Customers don't want to pay 20 bucks to go a few blocks down. So if that was the case from the beginning, Uber would have been dead in the water.
You're greatly underestimating how cost sensitive consumers are. Most people will willingly take a less convenient and shittier option if it's cheaper.