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comment by kleinbl00
kleinbl00  ·  405 days ago  ·  link  ·    ·  parent  ·  post: How the internet is clogging up city streets

That's not "the Internet" that's Lyft and Uber.

    The question is how to do it?

Require a taxi medallion in order to pick up fares? I mean, it worked for decades.

ButterflyEffect  ·  405 days ago  ·  link  ·  

But muh "disruption"

b_b  ·  405 days ago  ·  link  ·  

It worked some places for decades. I think crowded urban areas have every right to tightly regulate limo services. However out in the burbs it's another story. The only way to avoid drunk driving in the burbs for many years was to not drink, and that's a bridge too far for a lot of people. I have no idea if there are stats, but anecdotally, I can say that Uber/Lyft have stopped me from getting behind the wheel after drinking many times. In the old days, you'd have to call a cab, wait an hour, then hope someone else didn't just hop into your ride, because the cabby didn't give a fuck who he was picking up. The thing about Uber is that there's plenty of room for them to make money in a regulated environment. If they were smart, they'd work with the government to try to shape regs, rather than oppose any and all attempts at regulation.

kleinbl00  ·  405 days ago  ·  link  ·  

You're not arguing for deregulation in urban areas, you're arguing for less-stupid taxi regulation. I agree - taxis were and are awful. They were an industry ripe for disruption. But that disruption should be along the lines of "this medallion allows you to dwell in this zone for this many hours a day not including 4-6pm and therefore costs 10% what a full one costs."

b_b  ·  405 days ago  ·  link  ·  

I'm arguing for safety realized through convenience. That could be satisfied by taxis or by competing services. The thing I know is that there is no way before a couple years ago that I could get a car on demand within 10 minutes at 1:00 am on a Tuesday. Uber's regulatory conundrum notwithstanding, I would like to continue to be able to get that car when I need it.

kleinbl00  ·  405 days ago  ·  link  ·  

Taxis are regulated. "competing services" are not. I will happily agree that the companies that operated within that regulatory framework were ossified and anticompetitive but that's an operational problem, not a structural one.

Your 10 minute 1am car is earning its driver $3.50 an hour and costing its company five billion a year. Yes, it's convenient but it also isn't steady - state. The argument here is that venture capitalists are underwriting a Dickensian lifestyle for the drivers and fucking up traffic for everyone else and should Uber's note holders decide they're sick of the experiment, we'll all be paying market rates once more.

francopoli  ·  405 days ago  ·  link  ·  

But then you would require Silicon Valley to obey the laws and act as if they are a part of a civilized society. That sounds like government overreach, and bad for stock valuations!

kleinbl00  ·  405 days ago  ·  link  ·  

user-inactivated  ·  405 days ago  ·  link  ·  

Industrial unionism does have some merits in the gig economy.

kleinbl00  ·  404 days ago  ·  link  ·  

I think an Uber driver's union would be fucking awesome.

Also fucking useless as there's nothing preventing scabbing.

That's the thing about the gig economy - if you're in it, that means you're willing to take the job for shitty pay with no benefits and no security. You are, by definition, cheaper and worse than the people who won't work gig-to-gig. And I say that as a freelancer - a union freelancer, in a skilled position, in a highly-regimented Union profession.

I've gotten thousands of dollars of work redoing bullshit that people think they could get some Mandy loser to do for them for less, and they ended up paying twice.

bfv  ·  404 days ago  ·  link  ·  

    Also fucking useless as there's nothing preventing scabbing.

Until you notice that once you've organized the Uber drivers, you don't need Uber, you need someone to make you an Uber that optimizes on criteria your drivers want optimized on.

kleinbl00  ·  404 days ago  ·  link  ·

I'm really curious as to where, exactly, Uber's investors think they'll make their money back. With Didi pushing into Mexico I don't even know if there are any greater fools left.

user-inactivated  ·  404 days ago  ·  link  ·  

    That's the thing about the gig economy - if you're in it, that means you're willing to take the job for shitty pay with no benefits and no security. You are, by definition, cheaper and worse than the people who won't work gig-to-gig.

Sounds a lot like the I.W.W.'s hayday to me.

kleinbl00  ·  404 days ago  ·  link  ·  




I've been paying too much attention to the economy since 2008. Every macroeconomist worth his salt will point out that inequalities and worker protections are as bad or worse than they were during the Gilded Age.

I'm going to a votech school. It has a multimillion-dollar CNC lab. It shares a zip code with Microsoft.

it has a food bank.

user-inactivated  ·  405 days ago  ·  link  ·  

Speaking of government oversight and how it affects value . . .

What's behind the plunge in bitcoin?

kleinbl00  ·  405 days ago  ·  link  ·  

Lol it's up over a thousand percent from where it was a year ago. Yeah if you bought in December you're sadpanda but if you bought the December before that you're realizing more gains than the Dow in the history of the stock market.

user-inactivated  ·  405 days ago  ·  link  ·  

You won't see me arguing against that point. Though there might be some merit that the discussions surrounding regulations has at least put the brakes on that growth a bit at the least, if not helped things reach some relative equilibrium.

kleinbl00  ·  404 days ago  ·  link  ·  

Regulation is overdue and isn't near at the level it needs to be.

In a regulated environment, CryptoKitties don't sell for $150k.

francopoli  ·  404 days ago  ·  link  ·  

    In December 2017 a cryptokitty sold for $100,000.