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devindotcomtoday at 4:31 PM3 repliesview on HN

Good for them. These companies appear exploitative and rent-seeking far beyond what the infrastructure they provide suggests is reasonable.

If you're interested, next time you take a car, ask the driver what their end is - you may be surprised how little of the fare they actually take home. That share will only decrease unless they all get on one side of a table.


Replies

czhu12today at 4:53 PM

it’s very confusing why uber makes so little profit given hire big their cut of every ride seemingly is.

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anthonypasqtoday at 5:11 PM

if all these drivers are getting horribly exploited why are they doing it?

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AlexandrBtoday at 5:32 PM

We replaced small, local businesses (taxi companies) with a large multinational duopoly. Another example of tech "democratizing" something.

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