Earlier quoted context omitted.
Their logistics solution is just not as advanced as it can be. That's just common startup logic, the hardest problem will be solved with more money and good people and SV network has good people. They need combinatorial search and some travel time data, live re-search when new orders come in. For this to work well they need to predict new orders in advance, this means they need data on the spatial distributions of or…
Your dismissal of a non SV company's innovation is embarrassing for you. The tech here is as good or better as anyone in the Valley.
Deliveroo raises $385M in new funding
141–147 of 147 posts
Re: Deliveroo raises $385M in new funding
#142I find it funny they're claiming some sort of AI system will help them make better margins. In my city, Nottingham. all the deliveroo people gather in Trinity Square waiting for jobs. There's obviously no special AI needed. I do think though that it raises the issue that they should be paying for their own business premises and stop using our public spaces as their company waiting spots.
I think you misunderstand: that is the AI system decision. Had it been done by management committee of founders and optimization experts, everyone would have been staged in the most bizarre places around town, typically alone, which would have caused most of their delivery force to quit.
Re: Deliveroo raises $385M in new funding
#143Earlier quoted context omitted.
I think it is a bad thing if a useful service could not exist - and people who voluntarily chose to be employed by that service cannot have access to those jobs. I think it's better to be employed and increasing your value/skill set in the job market than living off welfare. You can't move up the ladder if you don't develop skills.
In the case of Deliveroo, if it can't exist without significant state subsidy then the business model needs revision. This is the same logic that applies to any business that fails to make enough money to continue operating; a startup which asked developers to work for free (or even below-market wages, gambling with equity aside) in order to reduce its costs would be laughed out of the door, it's hard to see why this…
> a number of the people working there are doing so through a shortage of alternatives
Right? Maybe I'm missing what you're saying. But possibly people are willing to pay for goods only at a certain price and if the price was bumped up, those services simply wouldn't be bought. And those jobs wouldn't exist. It doesn't necessarily mean better paying jobs will fill in the gap.
> the money spent topping up the wages of the low paid could be redirected to providing education.
Who's money? The consumers money? Or the VC's money? Are you saying through taxation because I thoroughly disagree.
It's also not as straightforward as you are implying - just having an education does not mean there will be jobs there to greet you after you are done. To make that happen you need to make the environment friendly to job creators - those willing to take the risk and start their own company.
Re: Deliveroo raises $385M in new funding
#144Re: Deliveroo raises $385M in new funding
#145Earlier quoted context omitted.
That's the crux of this whole gig economy debate - for some people, these kinds of jobs are ideal: zero hours contracts, with the ability to work more or less depending on what else is going on in your life. That being said, some people take these jobs because they're the only ones they can get. I don't know your circumstances, so I'm going to guess here, but from what you write it sounds like you have the safety net…
That's true, I have my parents if things go wrong; the thing is that before I started university last year my parents convinced me not to get a student maintenance loan (i.e what pays for my living expenses and rent). Instead I get a sum of money at the start of each month and that's supposed to subsist for the utilities in the house where I live and any other expenses I have, except rent which my parents pay. I have…
Re: Deliveroo raises $385M in new funding
#146Earlier quoted context omitted.
In the case of Deliveroo, if it can't exist without significant state subsidy then the business model needs revision. This is the same logic that applies to any business that fails to make enough money to continue operating; a startup which asked developers to work for free (or even below-market wages, gambling with equity aside) in order to reduce its costs would be laughed out of the door, it's hard to see why this…
What is the state subsidy Deliveroo is receiving? If they are receiving one, then sure I don't agree with it. If it's the VC's that are wasting their own money, I see nothing wrong with that. > a number of the people working there are doing so through a shortage of alternatives Right? Maybe I'm missing what you're saying. But possibly people are willing to pay for goods only at a certain price and if the price was bu…
By "state subsidy" I mean the state topping up the employee's wages, through for example Working Tax Credits (in the UK) or food stamps and Medicaid (in the US). If it wasn't for those and the push towards working at any cost, my thesis was that these companies would have to pay more (either in terms of actual money or benefits) or have trouble finding people to make their business operate.
> Who's money? The consumers money? Or the VC's money? Are you saying through taxation because I thoroughly disagree.
Taxpayers, because of the first part of this reply. I'm not talking about additional taxation here, I'm talking about money that's currently spent on benefits for the low paid that wouldn't be spent if they weren't low paid.
> > a number of the people working there are doing so through a shortage of alternatives
> Right? Maybe I'm missing what you're saying. But possibly people are willing to pay for goods only at a certain price and if the price was bumped up, those services simply wouldn't be bought. And those jobs wouldn't exist. It doesn't necessarily mean better paying jobs will fill in the gap.
It was a reply to you saying "voluntarily chose to be employed by that service" and the general theme whenever low pay comes up of "well, they can just get other/more jobs" (see also: the McDonald's CEO saying "just get a second job" [1]).
My original comment in this thread did mention UBI, so the alternative isn't necessarily "let's magic high-paying jobs out of thin air" :)
Also, these jobs (and also higher paid ones) are going to go away because of automation. Uber are explicitly aiming for that goal. At some point, the issue of what's going to happen to those employees has to be dealt with by society and politicians.
> It's also not as straightforward as you are implying
I may have made it sound otherwise but I'm well aware that the problem is nothing like straightforward. Waaaaay back at the beginning I warned about unintended consequences.
> To make that happen you need to make the environment friendly to job creators - those willing to take the risk and start their own company.
This doesn't seem relevant - is your implication that if businesses are required to pay wages such that their staff aren't having to also claim state benefits for food, that's somehow not conducive to founding businesses?
I do, however, agree that the conditions have to be right for entrepreneurship, with the reservation that "business friendly" lately seems to be synonymous with "minimal regulation/tax".
1: https://www.salon.com/2013/07/17/mcdonalds_suggested_budget_...
Re: Deliveroo raises $385M in new funding
#147Earlier quoted context omitted.
Are they going to make people use their local restaurant 30% more? Otherwise it's just eating the restaurant's profits (pardon the pun).
30% to remove the tables & waiting staff (plus toilets, waiting area) for those customers? Seems like a decent deal.