Varun Srinivasan
@v
Took a 20 minute Uber today, cost me $19.89. Driver took home a little over $5. Uber's take is 75% - that seems surprisingly high. I would have expected a split closer to 50-50.
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Stuart
@olystuart
Turns out tech bros "reinventing" things by lowering the wages of the workers involved is actually not real progress 🤷♂️
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Varun Srinivasan
@v
If they're just extorting workers, it would be easy for someone to start another company that just paid the drivers more. Then Uber wouldn't have any drivers left. It must be actually hard to build a business that pays drivers a lot more without losing money.
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Stuart
@olystuart
Yes because people can't really just start big businesses like that unless they have a ton of capital, and if they do then their motive is to get more capital not to pay workers more.
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