lose lose lose (ride-hailing)

Uber loses money but gets 8 bln funding with IPO

Uber drivers complain of falling compensations

Cities complain of growing traffic, Uber competitor of public transport

still, money piles up awaiting maybe (surely) awaiting to monopolistic power (network egffects, increasing economies of scale) when either one:

screw drivers

replace them with AI

screw clients

screw the cities force them to ban private cars

never know what monopolists could do, what are the policy option now since costs are falling on various categories ?

Economist article Public Distress

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s