Live data from Hacker News

Uber and Lyft drivers' median hourly wage is just $3.37, report finds

theguardian.com

271–273 of 273 posts

Re: Uber and Lyft drivers' median hourly wage is just $3.37, report finds

#271
post #265

Earlier quoted context omitted.

Nah, you’re just lazy. You’re not supposed to read every single piece of research in existence. No one person does that. Not even the scientists. But if the topic interests you enough for you to comment about it and there is a research paper that you can read, then just read the dang paper or let other people make decisions for you. Nobody has to give you the truth. And, on top of that, even if the results of researc…

> Nobody has to give you the truth. Then you have to figure it out for yourself. For everything . Which, again, doesn't scale. At some point you do need to trust some people to make some decisions for you. But what kind of fool trusts someone with a conflict of interest?

Lots of research requires funding. And of course the funders will have a reason to part with their money. People aren’t going to pay for things they have no reason to pay for. Simply deciding whether a piece of research is valid after only looking at who funded it is a major fallacy that betrays the basis of the scientific method itself.

Science isn’t a matter of trust, it’s a matter of verifiable results. The results of a scientific research paper must be repeatable by a third party following the same methods. Go see the merits of the research: it’s methodology, its results. If everyone simply looked at a list of funders and went “welp... this research is biased and invalid”, then we would have hardly any “valid” research.

Re: Uber and Lyft drivers' median hourly wage is just $3.37, report finds

#272
The economist behind the study admits this is wrong and has adj the figure to $8.55 from $3.37. Here is the response he posted.

https://twitter.com/StephenZoepf/status/970754550968676352/p...

He also admits to using "donated" labor from students. $0 is even less than $3.37 ;)

Re: Uber and Lyft drivers' median hourly wage is just $3.37, report finds

#273

Earlier quoted context omitted.

I don't get it. Taxicabs such as in NYC are famously expensive to buy into, and yet drivers somehow afford it and make livings on them. So if they are clearly not losing money, why is it that a company that's supposed to be vastly more efficient due to use of computers can't make a profit? Are the tech overheads really that high?

My theory is they are attempting to put the competition out of business by running at a loss then adjust the rates to where they can make money which, coincidentally, will be be almost exactly the amounts the "evil" taxi companies were charging. I could be totally wrong but if I were a betting man...

By the way this behavior is illegal in many countries: https://en.wikipedia.org/wiki/Predatory_pricing#Legal_aspect...
Post reply on HN