101–105 of 105 posts
Earlier quoted context omitted.
> Unfortunately for Uber the rest of the world doesn't look quite like that and normal taxis work just fine... Not in the slightest. One of the biggest problems with normal taxis in Shanghai is that they won't stop if it's raining. And it rains all the time . I don't suddenly need a taxi less if it starts to rain; if anything, I need one more.
What is the reason behind that?
i am not siding with Uber but to claim that they are going to fail is a bit of hyperbole . the value proposition is quite simple for both drivers and passengers . for drivers you would make more income by driving more consistently , for passengers you get a cab instead of shouting like a cave-person on the street. It is true that there is an element of bezzle with money pumping and dumping over the last few years . T…
> but to claim that they are going to fail is a bit of hyperbole They make a loss on every ride, but don’t worry they’ll make up for it in volume!
Earlier quoted context omitted.
> Unfortunately for Uber the rest of the world doesn't look quite like that and normal taxis work just fine... Not in the slightest. One of the biggest problems with normal taxis in Shanghai is that they won't stop if it's raining. And it rains all the time . I don't suddenly need a taxi less if it starts to rain; if anything, I need one more.
What is the reason behind that?
I agree with the article about Uber's accounting games, but many of the arguments about why Uber can't be successful are unconvincing. > In Q2 alone, Uber transferred $2.8b from its drivers to its shareholders. From a business point of view thats exactly what it should be doing. Increasing margins and paying contractors less is what a business. I understand the ethical questions about minimum wage and pay for drivers…
Until we get "fair trade" taxicabs.
Earlier quoted context omitted.
That was the idea once; They gave up on that part, their self driving car division has been shuttered and they don’t plan to replace it. From the article: > Uber's bag of tricks is nearing its bottom. Its fantasy of magic, self-driving robo-taxis is over (the company spent $2.5b to make a car that had a fatal crash every 0.25 miles, and then had to pay another company $400m to take the division off its hands): > http…
2.5b seems like a drop in the bucket for what would essentialy revolutionize the world of transportation.
Also, we'll never really know the exact numbers and how much of it went to actual R&D and miles-driven testing.