According to
“The Washington Post”
“Uber’s
numbers don’t account for the costs a driver incurs to own and operate a
vehicle. Still, the gap in compensation for providing similar services is
astounding, and illuminates the power of Uber, which is using its mastery of
technology to steadily disrupt the traditional cab industry. Worldwide 20,000
new drivers a month have joined Uber’s platform in 2014.”
“Since being
founded in 2009, Uber has expanded to 60 cities in the United States and says
it can deliver a ride to 43 percent of Americans within five minutes. An
ECONorthwest study Uber commissioned found that the company has a $2.8 billion
a year impact on the U.S. economy, through direct, indirect and induced means.”
“Uber’s
system is clearly working. The company has been valued
at $17 billion, and some suggest it’ll be the next $100
billion company as it creates a “digital
mesh,” to fill
the logistical needs of every city resident. But first, expect them to pop the
bubble on medallions.”
Remember the humble model about the 8000 UBER drivers we posted a couple of days ago: well my numbers where just to show a simple example of what if they only had 8000 drivers. The article by The Washington Post states that UBER gets about 20,000 new drivers each month world wide.... No wonder they don't give a dam about a few drivers in Chicago or a few drivers anywhere. This kind of abuse is what happens when companies are greedy and the employees sell themselves short. Definitely the government has to step in and regulate UBER, but what if the government sleeps in the same bed as UBER. Careful with those greedy politicians!
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