101–110 of 166 posts
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That is the downside of free trade: foreigners can fly in and buy up all your companies. Which is exactly why China protects their tech industry like a wolf her cubs. Capitalism favours the strong.
You can be happy when your companies are bought and you can invest in a new round of (local) startups.
This is one reason why US tech will always win. Any tech company in EU or Asia that becomes big enough will be acquired by the heavily capitalized US companies or their employees will be hired away.
I used to use Wolt all the time back during the pandemic lockdowns, it had better choices than UberEats and you could see the drivers were either young students making some cash on the side or folks who had a lot of time and used it to bike around and make money. It also happened to have all my favourite restaurants to choose from. It just seemed honest. Nowadays it's completely different. All the temp drivers got re…
>they are literally just some guy cooking in his basement under a fake restaurant name, Texan here. You just described every good TexMex place I've been to.
As a non-user I only have negative feelings towards Wolt myself. They have their fleet of underpaid cyclists with gigantic boxes darting around the town at full speed without regard for traffic or anything else. The system where they get paid more the faster they go doesn't seem super healthy and one of them's gonna get killed by a car sooner or later.
Sounds like the city you’re in needs to fix its bike lanes rather than continue blaming cyclists
Where I live we have no cyclist lanes so all food delivery gig workers use motorbikes. I personally see a traffic accident involving these people almost every week.
I think if construction work didn't have strict health and safety regulations we would see/hear about construction accidents every day.
This (new) industry should be regulated in the same way.
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Finland is historically not especially concerned with monopoly issues in any case. Nearly the entire retail sector is controlled by only two companies.
Three, Lidl is big enough to be considered relevant competition.
As a non-user I only have negative feelings towards Wolt myself. They have their fleet of underpaid cyclists with gigantic boxes darting around the town at full speed without regard for traffic or anything else. The system where they get paid more the faster they go doesn't seem super healthy and one of them's gonna get killed by a car sooner or later.
Sounds like the city you’re in needs to fix its bike lanes rather than continue blaming cyclists
It's just that they don't get enough time to do the commute safely, or at least safety is gravely disincentivized with extra pay.
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Three, Lidl is big enough to be considered relevant competition.
For just the supermarkets, yes. But S-group and Kesko are huge. They own restaurants, banks, hotels, gas stations, home improvement stores, department stores, car dealerships, and a bunch of specialty stores.
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You can be happy when your companies are bought and you can invest in a new round of (local) startups.
You can be even more happy if you use the money to buy a new yacht.
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You don't even get paid more. The apps have been circulating this myth in the press, but it's based on obfuscating of the numbers at best, and outright lies at worst. There's a reason most of their couriers are immigrants: anyone else can get paid more stocking a supermarket or driving a cab.
After they freed the taxi market even that is somewhere on level of gig-work. Still, there is good amount better paid untrained work around.
Certainly the freeing could have been done better, but the system before wasn't exactly healthy either. There was a fixed number of taxi licenses, and taxi companies were of course heavily lobbying against increasing the number. Since there were so few of them, good luck getting a taxi on a weekend night. Then again, if you were lucky and got a taxi, it was a shiny clean Mercedes (which perhaps tells something about the profit margins they were running at).
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After they freed the taxi market even that is somewhere on level of gig-work. Still, there is good amount better paid untrained work around.
> After they freed the taxi market even that is somewhere on level of gig-work. Certainly the freeing could have been done better, but the system before wasn't exactly healthy either. There was a fixed number of taxi licenses, and taxi companies were of course heavily lobbying against increasing the number. Since there were so few of them, good luck getting a taxi on a weekend night. Then again, if you were lucky and…
I think licensing system we had made sense, prices were capped, service was at least controlled and availability during all times was guaranteed. Ofc, this lead to some issues when there was extreme demand...