A while ago I noticed that all my Peloton PRs happened on the bike at my in-laws gym, not on my own bike. Clearly there is a calibration difference between the two that majorly advantages the in-gym one. And obviously every rider's bike is different so that person ahead of you on the leader board might be putting out less output than you are. But who cares?
I was repairing my Peloton the other day and getting inside made it really obvious how else you can manipulate it if you really cared to. And maybe some people do but again, who cares?
The two numbers that matter are; your weight and perhaps the comparison on output between yourself today and yourself some time ago. Anything where you attach significance to comparison between your number and someone else's, you are in trouble. Somehow the culture on Peloton is such that people don't get into that. Maybe because social interaction is blissfully limited to high fives and following someone's class history.
This system of competitive e sports on temperable equipment was sort of latent with disappointment from the start.