The Uber Bombshell About to Drop

Post by peteretep » Mon, Mar 13, 2017, 11:04 PM UTC

harryh wrote: post #97

beefman wrote: post #89

Earlier quoted context omitted.

What is the correct percentage?

AFAIK there is not enough publicly available data to answer this question. But total_corporate_revenue(1) / total_corporate_spend(2) is an almost nonsensical way to calculate that number. (1) which is not the same thing, at all, as the total amount customers are paying for rides (2) which is not the same thing, at all, as the cost of providing all uber rides

    > (1) which is not the same thing,
    > at all, as the total amount customers
    > are paying for rides

Post by angersock » Mon, Mar 13, 2017, 11:07 PM UTC

55555 wrote: post #282

angersock wrote: post #275

Earlier quoted context omitted.

So, do you work for Uber full-time, or are you just shilling as a contract gig?

All uber shills are independent contractors. Disclosure: I used to shill for Uber but when I factored in wear on my laptop/keyboard (you have to bring your own equipment) I realized I was actually working for below minimum wage.

Post by ambicapter » Mon, Mar 13, 2017, 11:08 PM UTC

NathanKP wrote: post #158

jimmywanger wrote: post #106

Earlier quoted context omitted.

> because I prefer the non profit approach that respects drivers and gives them a much higher percentage For now. I generally prefer for-profit approaches because their motivations are far more transparent. They want to make money for the investors. Non-profits exist to serve the wishes of the donors, which may be opaque. For instance, the Ride Austin investors might suddenly decide that they really want to focus on…

Yeah I can understand that. Honestly, the non profit / coop thing is just a big part of Austin culture. Not only are food coops a pretty big deal in Austin, but when I lived in Austin even the electricity company that I got my power from was a coop ( https://www.pec.coop/ ) and if the coop made too much money it redistributed the profits back out as credits to member accounts. I generally ended up with one out of twe…

Post by syntheticnature » Mon, Mar 13, 2017, 11:10 PM UTC

robotresearcher wrote: post #196

nopriorarrests wrote: post #122

Earlier quoted context omitted.

How many thousands of hours of video is uploaded to youtube _daily_ and stored on google servers forever? And you are talking about logging actions of your own employees. Let's say 100kb per day per employee (these logs are pretty detailed). 100kb * 50 000 employees = 4.7Gb per day. 1740Gb per year. Probably much, much less then 1 day of youtube videos.

It's obviously not the volume of data that is surprising. It's that they retained system message logs from a random laptop for years. They must regard this as potentially important business information. Does your company do this? Mine sure doesn't.

Post by dookahku » Mon, Mar 13, 2017, 11:11 PM UTC

astrodust wrote: post #145

dookahku wrote: post #17

Earlier quoted context omitted.

They're not. Every major car company plus competitors are focusing on self-driving cars. Why pay a human what a machine can do for cheaper? Uber's future depends on being first with self driving cars. Being a good taxi company in the 21st century will mean good at self-driving cars.

If self-driving cars become the norm, if you can just buy one at will, Uber's business model is junked.