> Enough demand that it can generate revenue, not enough revenue that it creates incentives for high-loyalty structure -–which is what you do when you care about your employees and want to keep them working for you.
If Uber loses one driver, there is a thousand that would gladly replace them and get paid same day, in cash, pre-tax at a higher hourly rate than they can get in the job market (Amazon warehouse, Fast Food, etc...), with a lot more control of their time.
How do you compete? The companies know and have no incentive to hire.
Meanwhile, if legislation is passed to force them to do it, they're likely to dramatically cut driver headcount to keep their already shitty P&L healthy and will cause 100s of thousands to lose their main income source and a 1000x increase in costs for consumers. (Bad outcome for all parties involved)
As it stands the economics of that business model are too messed up for a good path forward to exist.