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Google Takes on Uber with New Ride-Share Service

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Re: Google Takes on Uber with New Ride-Share Service

#451
post #422

Earlier quoted context omitted.

Whether there are good intentions(1) or not, the inevitable consequence of a "living wage", minimum wage, or whatever you call it, is unemployment among the least skilled--typically minorities and youth. (1) There is plenty of evidence that unions pushing for increases in minimum wage is anything but good intentions and is a desire to boost the demand for union labor. This is especially evident by the fact that in ma…

https://www.dol.gov/featured/minimum-wage/mythbuster > Myth: Increasing the minimum wage will cause people to lose their jobs. > Not true: In a letter to President Obama and congressional leaders urging a minimum wage increase, more than 600 economists, including 7 Nobel Prize winners wrote, "In recent years there have been important developments in the academic literature on the effect of increases in the minimum wa…

The "academic literature" purporting that the minimum wage has no affect on unemployment has deep flaws and has all been disproven. If not so, why not raise the minimum wage to $100 an hour? If it has no affect on unemployment, lets stop pussyfooting around and lets eradicate poverty, right?

Re: Google Takes on Uber with New Ride-Share Service

#452
post #449

Earlier quoted context omitted.

I shared my opinion, and was attacked for having that opinion. You, or he, may choose to disagree with that opinion, but calling me a prick is bound to insight a response. I don't normally make posts like that, but I'm also not normally attacked.

Ok, but you still can't respond like that. The rules apply regardless of whether someone else started it or did worse. Otherwise everyone would have an excuse for everything, since it always feels like someone else started it.

Understood, I'll refrain from responding in that way in the future. In retrospect, I do realize that I shouldn't have said anything.

Re: Google Takes on Uber with New Ride-Share Service

#453
post #451

Earlier quoted context omitted.

https://www.dol.gov/featured/minimum-wage/mythbuster > Myth: Increasing the minimum wage will cause people to lose their jobs. > Not true: In a letter to President Obama and congressional leaders urging a minimum wage increase, more than 600 economists, including 7 Nobel Prize winners wrote, "In recent years there have been important developments in the academic literature on the effect of increases in the minimum wa…

The "academic literature" purporting that the minimum wage has no affect on unemployment has deep flaws and has all been disproven. If not so, why not raise the minimum wage to $100 an hour? If it has no affect on unemployment, lets stop pussyfooting around and lets eradicate poverty, right?

The literature I've seen does not purport that no conceivable change in the minimum wage would have any effect on unemployment levels.

It instead concludes that changes within certain specified ranges have not, and should not be expected to, have significant effects on unemployment. (And, much of that academic literature reaching those conclusions is pointing to the actual results refuting earlier models which projected stronger responses.)

Re: Google Takes on Uber with New Ride-Share Service

#454
post #451

Earlier quoted context omitted.

The "academic literature" purporting that the minimum wage has no affect on unemployment has deep flaws and has all been disproven. If not so, why not raise the minimum wage to $100 an hour? If it has no affect on unemployment, lets stop pussyfooting around and lets eradicate poverty, right?

The literature I've seen does not purport that no conceivable change in the minimum wage would have any effect on unemployment levels. It instead concludes that changes within certain specified ranges have not, and should not be expected to, have significant effects on unemployment. (And, much of that academic literature reaching those conclusions is pointing to the actual results refuting earlier models which projec…

>The literature I've seen does not purport that no conceivable change in the minimum wage would have any effect on unemployment levels.

That alone demonstrates the answer in the above linked DOL "mythbusters" to be false, or at least deliberately misleading. Let's break down their response:

>with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers

They point to past increases in minimum wage which, according to their selected studies, had "little or no" impact on unemployment, but never has any past increase tried to more than double the minimum wage as some strive to do today. The DOL's answer does not address the question posed.

Regarding the aforementioned studies, even if we take their conclusions to be accurate (which I do not--their methodology is deeply flawed), using them to justify today's "fight for 15" is comparing apples to oranges.

Re: Google Takes on Uber with New Ride-Share Service

#455
post #454

Earlier quoted context omitted.

The literature I've seen does not purport that no conceivable change in the minimum wage would have any effect on unemployment levels. It instead concludes that changes within certain specified ranges have not, and should not be expected to, have significant effects on unemployment. (And, much of that academic literature reaching those conclusions is pointing to the actual results refuting earlier models which projec…

>The literature I've seen does not purport that no conceivable change in the minimum wage would have any effect on unemployment levels. That alone demonstrates the answer in the above linked DOL "mythbusters" to be false, or at least deliberately misleading. Let's break down their response: >with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employm…

> but never has any past increase tried to more than double the minimum wage as some strive to do today.

That's true, but not by a large margin; the biggest %age one-time increase in the federal minimum wage in the past was 87.5%, a one-step increase to $15 now would be just under 107%.

> Regarding the aforementioned studies, even if we take their conclusions to be accurate (which I do not--their methodology is deeply flawed), using them to justify today's "fight for 15" is comparing apples to oranges.

Show me an alternative model you'd prefer to use to reject the "fight for $15" that wasn't rejected by the actual results of minimum wage increases in the last several decades and we can talk.

Otherwise, all I can see is you rejecting all evidence, but still having no actual basis in fact or justifiable theory for the concern you are raising.

Re: Google Takes on Uber with New Ride-Share Service

#456
post #431

Love it how Uber is getting Ubered by providing a service they were supposedly providing but it was only a marketing scam to get around Taxi regulation. This is proper "sharing economy" where the other party isn't doing this to make a living out of it. I wonder who will Airbnb the Airbnb and is that at all possible. The end will be the same anyways - both companies are competing for a spot on the customers mobile pho…

It's taxi regulation that's the scam / cartel... and since when is making a living off something morally wrong? Capitalism is about disruptive innovation...

He didn't say it is morally wrong.

Re: Google Takes on Uber with New Ride-Share Service

#457

Earlier quoted context omitted.

Seattle recently passed $15 minimum wage and now a lot of restaurants are charging a "service fee" and putting up signs that discourage you from tipping. A much better system imo.

What's the point of a service fee on top of the cost of your meal though? Why not incorporate it into your meal, since it's non-optional. I noticed they did this in Singapore. You'd be charged a service fee on top of your bill, I can't remember if they popped tax on top of that too. If it's non-optional, it should be included in the cost.

Because if you raise menu prices by 20% customers will balk. Maybe eventually when people are used to the new system that will happen.

Re: Google Takes on Uber with New Ride-Share Service

#458
post #449

Earlier quoted context omitted.

Ok, but you still can't respond like that. The rules apply regardless of whether someone else started it or did worse. Otherwise everyone would have an excuse for everything, since it always feels like someone else started it.

Understood, I'll refrain from responding in that way in the future. In retrospect, I do realize that I shouldn't have said anything.

Thanks for understanding. Believe me, we know what the frustration feels like. The internet, including HN, is crazymaking sometimes.

Re: Google Takes on Uber with New Ride-Share Service

#459

I was actually just thinking about this the other day- why doesn't a large tech company with lots of cash create a ride service which basically lets the driver keep everything? Uber can't possibly compete. Google can destroy them before they can become a threat in other tech spaces.

Network effect + first mover advantage. It takes a lot of time and money to develop the community if there already are major players. In this particular case Google would have so spend a shit ton of money on advertising, and it's not guaranteed to work. They failed with Google+.

Good thing Uber has already done the hard work for them :) Speaking as someone who uses Uber a lot, if another service offered it cheaper I'd jump ship in a heartbeat. I think the same goes for the drivers, who are in many cases already driving for multiple services at the same time.

>Google would have so spend a shit ton of money on advertising

How so? if it's 20% cheaper I doubt it will need much advertising at all.

Re: Google Takes on Uber with New Ride-Share Service

#460
post #454

Earlier quoted context omitted.

>The literature I've seen does not purport that no conceivable change in the minimum wage would have any effect on unemployment levels. That alone demonstrates the answer in the above linked DOL "mythbusters" to be false, or at least deliberately misleading. Let's break down their response: >with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employm…

> but never has any past increase tried to more than double the minimum wage as some strive to do today. That's true, but not by a large margin; the biggest %age one-time increase in the federal minimum wage in the past was 87.5%, a one-step increase to $15 now would be just under 107%. > Regarding the aforementioned studies, even if we take their conclusions to be accurate (which I do not--their methodology is deepl…

Somehow I feel "ancap" may be ideologically motivated.
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