My key takeaways: 1. Uber is actually a higher cost/less efficient producer of urban car services than the taxi companies it has driven out of business 2. Individual Uber drivers with limited capital cannot acquire, finance, maintain and insure vehicles more economically than Yellow Cab 3. Expenses other than drivers, vehicles, and fuel account for 15 percent of traditional taxi costs but Uber charges drivers 25-30 p…
The Uber Bubble
271–280 of 556 posts
Re: The Uber Bubble
#272NYC (and other cities) have begun to use Curb (an Uber/Lyft like app for local taxis) but I've found it to be far worse than Uber and often even using Curb, traveling in or to any borough that isn't Manhattan is always a frustrating experience - I often have to give directions to the driver. Far from the frictionless experience that Uber does provide and ensure.
Uber resisted this for a long time in favor of bulldozing over local taxi companies to make their platform dominant and a near monopoly but I hope Uber ends up as a generalized service that any independent driver or taxi company can use in their own fleet.
Re: The Uber Bubble
#273Earlier quoted context omitted.
I have to tell the taxi driver to turn the damn meter on every time without fail. It's ridiculous. I don't know how someone more vulnerable could possibly use taxis since it's basically attempted robbery every time you enter one. Hopefully Uber/Lift win and Taxis die. For the sake of the disabled, women and children at least. I wouldn't even mind if Uber cost more.
What's the scam there? Do they not turn on the meter and then beg for payment at the end of the ride?
Not every rider is confident enough to flat out refuse to pay, walk away with 'lol your problem now', and to deal with the more aggressive kind of drivers.
Re: The Uber Bubble
#274My key takeaways: 1. Uber is actually a higher cost/less efficient producer of urban car services than the taxi companies it has driven out of business 2. Individual Uber drivers with limited capital cannot acquire, finance, maintain and insure vehicles more economically than Yellow Cab 3. Expenses other than drivers, vehicles, and fuel account for 15 percent of traditional taxi costs but Uber charges drivers 25-30 p…
> Uber charges drivers 25-30 percent You might be a little low there. In my direct experience as a driver pre-covid, it was close to 50%, and many drivers in the relevant subreddits have reported it frequently being more than that since. Imagine hearing a passenger complain about their $15 fare when you only see $6 of it (out of which you still have to cover your gas usage). 25-30 percent seems reasonable in comparis…
My last ride I was talking to the driver about someone canceling a $50 fare and her getting it instead which lead to the discovery of her getting $22 of the $48 (minus tip) I was charged.
It amazes me people are still driving for them.
Re: The Uber Bubble
#275Earlier quoted context omitted.
I don't disagree with your points but let me give you some counterpoints: 1. Taxi services are balkanized; 2. Many tax services don't allow you to order a taxi ahead of time. You have to flag one down (eg NYC). For ordering a car, you need to otherwise deal with an (expensive) car service; 3. Uber made the payment process seamless and I cannot overstate how important this is as a user. I hate dealing with NYC yellow…
5. I don’t think you address issue with cherry picking the price with part timers. Which is I know is the real one, because I realized I did it myself and it’s not very fair. Your answer is more like “what about taxi services, they also have edge cases” 2. But there are also taxi services that allow you too book ahead of time. Many cities in Europe had phone booking of the taxi for specific times at least 20 years ag…
The tax medallion system was invented to solve such an oversupply problem. It led to times when it's impossible to get a taxi.
Practically speaking, this just isn't a problem you can solve because you're trying to limit supply. If Uber starts giving preferential treatment to full-time or more "senior" drivers, the part-timers will simply go somewhere else and use another ride-sharing app. If you get Lyft and the other little apps to go along with this scheme, well then it's collusion. The only legal alternative is government regulation and legislation and that's not likely to make anybody happy. You will probably find those that operate a fleet through Uber (and are thus de facto taxi companies) will likely support such measures because it will allow them to exercise greater control and have more predictability over their drivers.
Re: The Uber Bubble
#276Earlier quoted context omitted.
> First this is just inherently wrong. You’ve been able to call and schedule a cab, even in the burbs, since before the internet was a thing. And maybe the driver would show up on time, or maybe they'd see a street hail en route to picking you up and decide to make you wait an extra 40 minutes. Uber drivers cancel, too, of course, but "automatically fall back to a different driver after a cancellation" is a meaningfu…
And maybe the driver would show up on time, or maybe they'd see a street hail en route to picking you up and decide to make you wait an extra 40 minutes. That’s not how it worked, or works (see Curb). You didn’t schedule a particular cab you call the cab service and the dispatcher sends a cab to you and makes sure they got there. If they didn’t show up you call dispatch back and they call the guy and find out what th…
Re: The Uber Bubble
#277Earlier quoted context omitted.
Have you driven a cab before? Do you know for north america at least, the standard model is drivers are independent contractors and rent out the cars or the medallion license from medallion owners? Many medallion owners are not drivers themselves. Taxi companies are generally a collection of licenses, car rental, some branding and advertising and dispatch services. The angry taxi people you see protesting Uber or equ…
> Being a taxi driver SUCKS. At least Uber is an improvement I would be curious to hear stories of former cab drivers who chose to drive for Uber instead because they found it an improvement. I don't feel like I've heard any stories like that, but it must be a thing a lot of people have done if you are right it's an improvement, right? I feel like I've only heard stories of cab drivers complaining that Uber has destr…
If they were the typical taxi driver, they would say job.
Re: The Uber Bubble
#278Earlier quoted context omitted.
> First this is just inherently wrong. You’ve been able to call and schedule a cab, even in the burbs, since before the internet was a thing. And maybe the driver would show up on time, or maybe they'd see a street hail en route to picking you up and decide to make you wait an extra 40 minutes. Uber drivers cancel, too, of course, but "automatically fall back to a different driver after a cancellation" is a meaningfu…
And maybe the driver would show up on time, or maybe they'd see a street hail en route to picking you up and decide to make you wait an extra 40 minutes. That’s not how it worked, or works (see Curb). You didn’t schedule a particular cab you call the cab service and the dispatcher sends a cab to you and makes sure they got there. If they didn’t show up you call dispatch back and they call the guy and find out what th…
Cabs had a 45+ minute lead time in the evenings and at night too, when I could order them by phone at all. It was a joke. This was in Seattle/Bellevue, Washington, USA, FWIW
Re: The Uber Bubble
#279My key takeaways: 1. Uber is actually a higher cost/less efficient producer of urban car services than the taxi companies it has driven out of business 2. Individual Uber drivers with limited capital cannot acquire, finance, maintain and insure vehicles more economically than Yellow Cab 3. Expenses other than drivers, vehicles, and fuel account for 15 percent of traditional taxi costs but Uber charges drivers 25-30 p…
I don't disagree with your points but let me give you some counterpoints: 1. Taxi services are balkanized; 2. Many tax services don't allow you to order a taxi ahead of time. You have to flag one down (eg NYC). For ordering a car, you need to otherwise deal with an (expensive) car service; 3. Uber made the payment process seamless and I cannot overstate how important this is as a user. I hate dealing with NYC yellow…
Re: The Uber Bubble
#280My key takeaways: 1. Uber is actually a higher cost/less efficient producer of urban car services than the taxi companies it has driven out of business 2. Individual Uber drivers with limited capital cannot acquire, finance, maintain and insure vehicles more economically than Yellow Cab 3. Expenses other than drivers, vehicles, and fuel account for 15 percent of traditional taxi costs but Uber charges drivers 25-30 p…
The future of Uber is probably a majority of driverless vehicles that are corporately-owned. That is a vastly different model.