I have noticed Uber pricing is slowly rising.
Wait until they put all taxi services out if business, and lobby politicians more heavily than now.
They proved money can buy a Proposition.
Wait until they put all taxi services out if business, and lobby politicians more heavily than now.
They proved money can buy a Proposition.
Suppose Uber drives out literally all cab companies out of the market in some city and rises prices to absurdly high levels. Creating a brand new cab company isn’t that hard. Lease cars, create a decent app, advertise a little and you’re good to go.
Then a well-capitalized firm could suddenly leverage their scale. Order and maintain a fleet of 200,000 driverless cars, and you can get costs lower than an individual driver with his single vehicle and inefficient fleet management tools.
https://www.nytimes.com/2021/06/08/technology/farewell-mille...