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points by lenerdenator 4 days ago | 0 comments
> Uber drivers are welcome to no longer drive for uber if they don’t enjoy the experience.

Are they?

The drivers have a certain set of capital and skills, and Uber (and to a lesser extent, Lyft) have created a near-monopoly on the market to buy services produced using that capital and skills. Since the ability to execute a transaction in that market is severely compromised if you don't work by Uber's rules, you are effectively outside of the marketplace if you no longer drive for Uber. You make no money. You go broke. You don't have the capital necessary to effectively compete in the market for giving rides in exchange for money. They own your skills and capital in all but the legal sense.

If there were either real, multi-company competition for Uber's market share, or a larger amount of regulation upon their monopoly, it'd be a different story.

Of course, there are people who think that monopolies are good, but that seems to be counterintuitive to anyone with a basic grasp of human nature and history.

[–] cowlevel 4 days ago
Why don't we make another Uber, a third and fourth and fifth Uber until prices converge to the market optimum?

This isn't a rhetorical question. As far as I know there are only two globally - Uber and Lyft. If most of what you need is a web server and a lawyer, shouldn't there be ten of these in every city?

[–] Dylan16807 4 days ago
"Car" and "follow GPS" are a set of capital and skills shared by most adults. Uber doesn't own most adults. You're supposed to have marketable skills on top of that.

The skill of knowing all the roads stopped being important a decade or two before Uber even started.

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