uber   7918

« earlier    

The Gig Economy Celebrates Working Yourself to Death - The New Yorker
Jia Tolentino on how the gig economy, exemplified by startups like Lyft and Fiverr, has further normalized very low pay with no insurance or benefits.
newyorker  critique  economy  uber  lyft  fiverr 
11 hours ago by otlib
Uber for bikes: how 'dockless' cycles flooded China – and are heading overseas | Cities | The Guardian
What’s more, they’re about to be exported worldwide. Mobike is launching in Singapore this year, while rival Bluegogo controversially started operations in San Francisco without official permission, Uber-style. (The city planning department issued warnings and could prosecute.) Ofo has a container of 500 bikes on its way to Cambridge, and there are rumours Mobike is targeting London, Birmingham and Manchester. - via Rohan Lightfoot
apac  uber  funny 
13 hours ago by dancall
What Happens If Uber Fails? - The Atlantic
Even if the ride-sharing service goes under, it won't necessarily set off a bubble-popping chain reaction. The thing about a market bubble is that you don’t really know how big it is until it pops. So it doesn’t pop, and doesn’t pop, and doesn’t pop, until one day it finally pops. via Pocket
IFTTT  Pocket  uber 
14 hours ago by trisignia
Korea's sharing economy: Uber and Airbnb left out of Seoul mayor Park Won-soon's "Sharing City" — Quartz
RT @dasharp: In Seoul, a new #sharingeconomy takes hold—one that leaves Uber and Airbnb in the cold. #SharingCities
korea  sharing  economy  uber  airbnb 
yesterday by grantyoung
Can Uber Ever Deliver? Part Nine: The 1990s Koch Funded Propaganda Program That is Uber’s True Origin Story
The original growth of companies like Google, Amazon, Ebay and Facebook was driven by powerful competitive efficiency advantages and natural scale/network economies that generated massive consumer welfare benefits, although these welfare gains were somewhat offset by the ability to exploit market power once they achieved industry dominance.

Uber is radically different from these past unicorns because its business model is focused entirely on the second (exploit anti-competitive market power) part of this equation[1]. It skipped the difficult first part, which requires creating a totally new product that consumers value, or finding major efficiency breakthroughs so consumers can enjoy much more service at much lower cost.

As a result, Uber required a massively greater investment base than any prior unicorn in order to fund years of predatory subsidies. Amazon could fund much of its growth out of the positive cash flow generated by legitimate competitive advantages and scale/network economies. Uber’s growth required $13 billion in cash — 1600 times Amazon’s pre-IPO investment funding.

While these massive subsidies may have provided some temporary benefits to consumers and drivers they are not sustainable. In reality, they are hugely welfare-reducing because they are designed to destroy more efficient industry capacity and create the anti-competitive market power Uber’s investors need in order to eventually earn returns on that $13 billion.


Uber’s quest for market control faces both “factual economic” and “democratic process” obstacles. No one can legitimately claim that consumers would achieve Google/Amazon type service/pricing gains under Uber dominance. Uber dominance cannot be defended as something that resulted from the impartial judgement of the “market” since Uber has not shown that it can profitably produce better taxi service under competitive conditions. A battle between fragmented, poorly capitalized incumbents and Silicon Valley billionaires supplying billions in predatory subsidies is not neutral market competition.

All independent academic analysis has rejected the hypothesis that Uberesque laissez-faire taxi competition would improve industry efficiency or consumer welfare, findings that were confirmed when test cases of milder forms of deregulation in 17 cities failed to produce any public benefits.[2]. No democratically elected city government accountable to voters would openly eliminate all citizen oversight of local taxi service (including protections against monopoly power abuses) and grant total control of that service to private investors.


Uber’s public claims quickly coalesced into a PR/propaganda[24] narrative that can be readily summarized. Uber’s huge valuation was justified by its powerful business model that was based on cutting-edge technological innovation; it has created a totally new product category (“ridesharing”) an industry (the “on-demand” or “sharing economy”) that is totally different from traditional taxis; its meteoric demand growth was the result of consumers freely choosing their vastly superior product in open, competitive markets; resistance to Uber’s growth was due to the coalition of the evil Taxi Cartel and corrupt regulators who were willing to block major innovations and job creation in order to protect an inefficient status quo; that startup losses will soon give way to strong profits, just like past unicorns that rapidly grew into profitability; robust long-term growth is certain because its business model is so powerful that it can overwhelm competition in any city and any country and inevitably achieve global industry dominance and because it will become so efficient that it will significantly displace car ownership.


Of the thousands of Uber stories in the mainstream press, none included any interviews with independent experts on urban transport, none investigated the pros and cons of the longstanding taxi regulations Uber was disobeying, and none investigated whether “innovations” like Uber’s app or surge pricing practices had ever driven major competitive changes in any other industry.
yesterday by dsongman
Uber board member Arianna Huffington: Travis Kalanick must not go - Business Insider
Despite her positive comments about Kalanick, Huffington said there had already been changes at the company.
She said new systems were in place to make sure "brilliant jerks" didn't rise to the top. She described those people as "top performers" who are "not aligned with the big cultural values at Uber." Huffington said more than 60% of Uber managers were first-time managers and lacked training because the company had grown so quickly.
uber  fail  diversity 
yesterday by dancall
Uber rebuilt its navigation app with drivers in mind - The Verge
Uber wants to fix that and has reworked the navigation system it builds into the Uber Driver app in a bid to get everyone to where they’re going more quickly. The navigation system has been redesigned on iOS, and will be coming soon to Android for the first time.
uber  maps 
yesterday by dancall
uber/pam-ussh: uber's ssh certificate pam module
pam-ussh - uber's ssh certificate pam module
uber  ca  ssh  pam 
yesterday by adam.gibbins
Platform Companies Are Becoming More Powerful — But What Exactly Do They Want? - NYTimes.com
Uber, like so many other successful tech companies in 2017, is a “platform business,” one built around matchmaking between vendors and customers. If successful, a platform creates its own marketplace; if extremely successful, it ends up controlling something closer to an entire economy...An insurgent Airbnb feels as if it’s enabling new types of transactions between previously unconnected people. A dominant Airbnb might come to resemble something between a superintendent and a landlord for millions, not to mention a force reshaping cities in its image.
uber  airbnb  sharing-economy  labor  platforms 
2 days ago by jomc

« earlier    

related tags

2016  2017-03-20  2017-03-21  2017-03-22  2017-03-23  2017-03-24  2017  addisonlee  africa  ai  airbnb  aircraft  airplane  airport  algorithm  alphabet  an  apac  apis  artificial  austin-texas  automotive  autonomous  backchannel  better?  bloomberg  brian-mcclendon  business  business_strategy  buzzfeed  ca  capitalism  car  cars  comma-ai  commentary  comparison  complex  controversy  copy_as_influence  copy_hm  corporate_espionage  corruption  critique  culture  cunts  decay  departures  deregulation  digital-privacy  digital  discrimination  diversity  down  dzakarta  economics  economy  employment  ethics  facebook  fail  fees  filter  finance  fiverr  framework  fraud  funny  gig_economy  gigeconomy  google  government  gps  greyball  ha!  hadoop  health  ideas  ifttt  in-depth  innovation  insurance  intel  intellectualproperty  intelligence  internet  invest  iot  ip  is  japan  jeff-jones  jeff  jeffjones  jones  jonesjeff  journalism  kalanicktravis  korea  labor  law  lawsuit  lawsuits  learning  legal  litigation  lyft  lyft:  machine  management  maps  measurement  media  metrics  microservices  mike-isaac  ministry  mobileye  moving  newyorker  of  otto  pam  password-manager  pilot  platforms  pocket  podcast-episodes  politics  president  profit  q3  realestate  recode  reflection  reply-all-podcast  resignation  resignations  retention  review  ridesharing  robotics  scandal  security  self-driving-cars  self-driving_cars  self_driving  selfdriving  selfdrivingcar  selfdrivingtruck  selfdrivingvehicles  service  sexism  sexual-harrasment  sharing-economy  sharing  sharingeconomy  shipping  siliconvalley  smiling_curve  social  society  sociology  ssh  startups  steps  sxsw  system  taxes  taxi  taxis  tech  technica  technology  testing  texas  the-new-york-times  theft  thrift  toslack  totwitter  transit  transport  transportation  travel  travis-kalanick  travis_kalanick  traviskalanick  trends  unicorn  users  vat  vs.  vtos  waymo  which  wordcounted  | 

Copy this bookmark: