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Monthly Archives for December 2024.

Uber’s Dark Descent: How Abandoning Innovation Hurt Drivers and Gouges Riders

Dec 01 2024

Uber drivers frequently protest their declining pay and it strikes me that there was an uproar over how Uber treated its drivers and that was part of pushing out their founder CEO, but things have actually gotten worse for drivers since then. For instance, many work 12 hour days earning less than $100 per day. Uber used to take 20% of the fare, now drivers report giving up 60%. Back then they might earn $400 per day. Pre-summer 2017, drivers had several complaints. Drivers didn’t have any choice in trips. They’d find out once they accepted the ride (and cancelling on riders once they learned the destination could get them kicked off of the platform). This was a solution to a real problem with taxis. In New York City you stand there and hail a…

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