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.
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?