Uber has also caused massive pain to its drivers by not giving actual employment protections and causing unilateral drops in pricing to make previous jobs untenable.
Uber is basically Walmart for taxis. Come in, bankrupt local taxis with subsidised pricing for drivers and riders. Afterwards keep low pricing for riders but squeeze drivers for all they got.
As one driver put it, it doesn't matter if a 30% price drop create more customers. Drivers can only drive so many hours in a day, so drivers end up with 30% less money.
Uber is basically Walmart for taxis. Come in, bankrupt local taxis with subsidised pricing for drivers and riders. Afterwards keep low pricing for riders but squeeze drivers for all they got.
As one driver put it, it doesn't matter if a 30% price drop create more customers. Drivers can only drive so many hours in a day, so drivers end up with 30% less money.