What exactly is nice about that?
What exactly is nice about that?
Drivers take the low pay largely because they lack better alternatives. As long as that remains true and drivers can't negotiate pay, the drivers are absolutely being exploited.
Rideshare companies aren't going to raise rates because there's no labor competition to threaten their workforce and boost wages. On top of that, drivers can't negotiate pay.
How many people do you really think take jobs like that with low pay and no negotiating power because they really really want to? Many of the drivers I've ridden with don't have many other options.
There's an entire political movement eager to campaign on that has been gaining energy the last few years because people are losing faith in the current system.
I would also wager that the vast majority of ordinary taxi drivers are self-employed and working for some agency, an arrangement not too dissimilar to that of Uber/Lyft.
Could they though? Can Uber be expected to lose money at an even faster rate?