Uber is a bezzle ("the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it"). Every bezzle ends.Uber's time is up.1/ pic.twitter.com/UkqGXvC744— Cory Doctorow (@doctorow) August 10, 2021
Yeah. The logic here is very thin. Uber is a glorified dispatcher. It needs drivers, so it spends substantially on promotion and recruiting. And it needs a reputation, so it spends to vet the drivers it recruits. And it needs a system, so it spends on web hosting and app dev/support.
But after that? They're just taking a vig off your labor for the service of routing you customers.
They aren't any less profitable than any traditional black car service.
Yeah. The logic here is very thin. Uber is a glorified dispatcher. It needs drivers, so it spends substantially on promotion and recruiting. And it needs a reputation, so it spends to vet the drivers it recruits. And it needs a system, so it spends on web hosting and app dev/support.
But after that? They're just taking a vig off your labor for the service of routing you customers.
They aren't any less profitable than any traditional black car service.