Uber’s use of dynamic pricing has led to higher fares for passengers and lower earnings for drivers, whilst increasing Uber’s share of revenue.
i live in a really great location for getting onto a bunch of different highways. because of this, ubers circle the area because they are closer to more things. it shows you the ubers in the area, and I will see like 8 or 9 going in circles, waiting. so i select the “wait and save” option on the app, because it’s 3 dollars less and figure the wait won’t be long because demand is low and there are plenty of drivers. nope. it literally just enabled a timer that didn’t put my order through until it was over. it wasn’t giving me a deal for being flexible with my pickup time, it was CHARGING ME 3$ just to have the privilege of them not withholding my service order arbitrarily.
fuck uber man that made me so mad
meanwhile i set a wait and save so i have time to finish getting ready and uber tells me it’s already arrived.
has found that Uber’s use of dynamic pricing has led to higher fares for passengers and lower earnings for drivers, whilst increasing Uber’s share of revenue
so, working as intended…
classic case of venture capital subsidizing rides to gain market dominance, then squeezing both sides once the competition is gone - the entire gig economy buisness model in a nutshell.
Enshitification is a nearly perfect process. We should not doubt it.
Exactly, that would be the point.
But what about the shareholders?
Fuck uber.
I needed to take a ride from the airport to my home, and uber quoted me $150 for a 30 min ride. I jumped into a waiting taxi and paid $90 instead. At least the cab driver would see a good chunk of that money.
Of course it is. Textbook enshittification: first be good to your users, then to your providers, then fuck both and rake in the cash.
I’m sure this was a completely unforeseen outcome. Completely.
Nobody said it was for drivers and riders. What a stupid article.
