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0 pointsacallaghan6y ago0 comments

The market is skewed as Uber runs huge losses and is operating at a loss, that's how it's different to other markets.

Also, Uber are paying under the minimum wage in the UK, or at least the regional minimum living wage in London. Uber don't pay taxes in the UK like a London minicab company would, then they underpay their drivers and expect our welfare system to pick up the slack on their crummy wages.

Minimum wages should apply to gig type working like Uber/Deliveroo etc as much as it does to everyone else. This is the market failure.

Without a minimum wage, sick pay, materity/paternity leave pay, of course you can make the ride cheaper.

Source: https://www.independent.co.uk/news/business/news/uber-verdic...

0 comments

andy_ppp6y ago

If Uber had to buy the vehicles, service them and pay full tax and fines it would be nearly as expensive as black cabs.

I take my fair share of Uber rides but I can see the next dot com bust happening now when this unprofitable business model all washes out. See also WeWork.

KaiserPro6y ago

see addison lee. (https://en.wikipedia.org/wiki/Addison_Lee)

This is the reason why I find this "TFL is against innovation" rubbish is so annoying. AL had an app way before uber was in london.

The only difference for the end user is that AL is more expensive. (because whilst the drivers are "independent" they lease the cars from AL, and have an exclusive contract with them)

Jommi6y ago

Yes if a company does something that is not in the core specialisations, they would be expensive. Who guessed?

andy_ppp6y ago

I'm talking about the gig economy ripping off their workers. I think you've misunderstood and been rude and sarcastic with it.

1 more reply

malandrew6y ago

> The market is skewed as Uber runs huge losses and is operating at a loss

According to Q3 financials, I believe that is longer true for ridesharing.

j / k navigate · click thread line to collapse

0 pointsacallaghan6y ago0 comments

The market is skewed as Uber runs huge losses and is operating at a loss, that's how it's different to other markets.

Minimum wages should apply to gig type working like Uber/Deliveroo etc as much as it does to everyone else. This is the market failure.

Without a minimum wage, sick pay, materity/paternity leave pay, of course you can make the ride cheaper.

Source: https://www.independent.co.uk/news/business/news/uber-verdic...

0 comments

andy_ppp6y ago

If Uber had to buy the vehicles, service them and pay full tax and fines it would be nearly as expensive as black cabs.

I take my fair share of Uber rides but I can see the next dot com bust happening now when this unprofitable business model all washes out. See also WeWork.

KaiserPro6y ago

see addison lee. (https://en.wikipedia.org/wiki/Addison_Lee)

This is the reason why I find this "TFL is against innovation" rubbish is so annoying. AL had an app way before uber was in london.

The only difference for the end user is that AL is more expensive. (because whilst the drivers are "independent" they lease the cars from AL, and have an exclusive contract with them)

Jommi6y ago

Yes if a company does something that is not in the core specialisations, they would be expensive. Who guessed?

andy_ppp6y ago

I'm talking about the gig economy ripping off their workers. I think you've misunderstood and been rude and sarcastic with it.

1 more reply

malandrew6y ago

> The market is skewed as Uber runs huge losses and is operating at a loss

According to Q3 financials, I believe that is longer true for ridesharing.

j / k navigate · click thread line to collapse