Uber’s algorithmic pricing leaves drivers and passengers worse off (www.ox.ac.uk)
from Pro@programming.dev to technology@lemmy.world on 23 Jun 16:45
https://programming.dev/post/32746712

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.

#technology

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14th_cylon@lemm.ee on 23 Jun 17:29 next collapse

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…

digger@lemmy.ca on 23 Jun 18:28 next collapse

But what about the shareholders?

Strider@lemmy.world on 23 Jun 18:48 next collapse

Exactly, that would be the point.

MysteriousSophon21@lemmy.world on 23 Jun 20:43 next collapse

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.

Imgonnatrythis@sh.itjust.works on 23 Jun 22:22 collapse

Enshitification is a nearly perfect process. We should not doubt it.

bassad@jlai.lu on 24 Jun 13:16 collapse

It’s not enshitification as it was shit since the beginning : how this company was allowed to bypass workers protection laws (working time, minimum wage…), to burn investor’s money with no limit and no real business plan (12 years burning cash without revenue) ?

Yeah people enjoyed their cheap ride, but now the cost is high.

Jimmycakes@lemmy.world on 23 Jun 17:36 next collapse

Nobody said it was for drivers and riders. What a stupid article.

magnetosphere@fedia.io on 24 Jun 01:33 next collapse

I’m sure this was a completely unforeseen outcome. Completely.

absquatulate@lemmy.world on 24 Jun 05:18 next collapse

Of course it is. Textbook enshittification: first be good to your users, then to your providers, then fuck both and rake in the cash.

witness_me@lemmy.ml on 24 Jun 14:58 next collapse

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.

FunnyUsername@lemmy.world on 24 Jun 16:14 collapse

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

erev@lemmy.world on 24 Jun 17:55 collapse

meanwhile i set a wait and save so i have time to finish getting ready and uber tells me it’s already arrived.