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Uber’s algorithmic pricing leaves drivers and passengers worse off (www.ox.ac.uk)

submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

Uber’s use of dynamic pricing has led to higher fares for passengers and lower earnings for drivers, whilst increasing Uber’s share of revenue.

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[–] [email protected] 1 points 6 days ago

I wonder how better off a competitor would be if they charge fixed price to both driver and consumer. Like, straight up just take only 2 USD from both. What is the BEP for infra and development?

[–] [email protected] 8 points 1 week ago

Algorithmic pricing working exactly as designed.

[–] [email protected] 4 points 1 week ago

It would be nice if we could use technology to do good things.