If drivers want to take in the profit from things like this, they should form a co-op, not be contractors.
> In these cases of very high demand, prices may increase to help ensure that those who need a ride can get one. This system is called surge pricing, and it lets the Uber app continue to be a reliable choice.
The fact that only a fraction of the fare increase goes to the driver is misleading at best.
https://www.uber.com/us/en/drive/driver-app/how-surge-works/
It is only a misleading statement if you put words in uber's mouth beyond what they say. I don't see anything here suggesting they increase prices to increase supply instead of decreasing demand.
> prices may increase to help ensure that those who need a ride can get one
Why are you using the app if you don't need a ride? I agree that it's purposely vague, which makes it intentionally confusing.
Here's another link: https://www.uber.com/us/en/marketplace/pricing/surge-pricing
> This encourages more drivers to serve the busy area over time and shifts rider demand, to maintain reliability and restore balance.
> Surge pricing is a relief valve for the rideshare marketplace. Without it, when demand for rides exceeds the number of available drivers, riders would wait longer (or might not be able to get a ride at all). Drivers would have less incentive to accept requests in busy areas. Surge pricing helps restore balance to the network. By waiting a bit longer, riders can avoid the surge price.