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o11c  ·  3200 days ago  ·  link  ·    ·  parent  ·  post: The Uber Model, It Turns Out, Doesn’t Translate

Of course on-demand won't last. It's fundamentally inefficient.

What it does do is force established quasi-monopolies that work in traditional batch operation to move closer to the balance point of the capitalist ideal (e.g. rational actors, free entry/exit to the market - the latter is the relevant issue here).