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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Jason
@jachian
There have been others that ran on that premise like Juno. Even have talked to some of these drivers. They like it but it’s hard to beat the network effects that Uber have built up over the years
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Michail / Opium Hum / Hyper Real
@opiumhum
The reason why taxis are so expensive.
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bashobits 🚅✨🔵💨🫐
@bashobits
Big tech extorting workers through dominant network effects is a thing, and very hard for small startups to do anything about it
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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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