Don't think this isn't on purpose. Every last dime is getting squeezed out.
Most of the gig type companies are able to offer lower prices to consumers at the expense of workers.
Also important to note is that uber and lyft sell their gigs as just side income, not a full time job so I think people have been fair warned that uber is not sufficient to support yourself.
When I went home to the UK at Christmas, Uber wanted to charge around 3 times the price of the monopolistic black cabs.
Uhh... Uber is, like, 5-6 years old in most locales, less in many. This isn't some alternative universe we have to imagine. We just have to think back to before 2010... you know, the before time. The long long ago.
And back then, taxi rates were hardly "outrageous". Hell, even today, Uber isn't necessarily that much cheaper in a lot of places.