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'Uber Is Doomed', Argues Transportation Reporter (jalopnik.com)
When an Uber self-driving car ran a red light last year, they blamed and suspended the car's driver, even though it was the car's software that malfunctioned, according to two former employees, ultimately causing Uber cars to run six different red lights. But technical issues may be only the beginning. An anonymous reader writes:
Jalopnik points out that in 2016 Uber "burned through more than $2 billion, amid findings that rider fares only cover roughly 40% of a ride, with the remainder subsidized by venture capitalists" (covering even less than the fares of government-subsidized mass transit systems). So despite Google's lawsuit and other recent bad publicity, "even when those factors are removed, it's becoming more evident that Uber will collapse on its own."
Their long analysis argues that the problems are already becoming apparent. "Uber, which didn't respond to questions from Jalopnik about its viability, recently paid $20 million to settle claims that it grossly misled how much drivers could earn on Craigslist ads. The company's explosive growth also fundamentally required it to begin offering subprime auto loans to prospective drivers without a vehicle."
Last month transportation industry analyst Hubert Horan calculated that Uber Global's losses have been "substantially greater than any venture capital-funded startup in history."
Their long analysis argues that the problems are already becoming apparent. "Uber, which didn't respond to questions from Jalopnik about its viability, recently paid $20 million to settle claims that it grossly misled how much drivers could earn on Craigslist ads. The company's explosive growth also fundamentally required it to begin offering subprime auto loans to prospective drivers without a vehicle."
Last month transportation industry analyst Hubert Horan calculated that Uber Global's losses have been "substantially greater than any venture capital-funded startup in history."
Yeah... It's Gawker.. A rag one step above shitstained cum-crusted tube socks.
If those questions were not rhetorical, it's probably best you focus on goals more down to your level, like say, how to tie your shoes.
"Old man yells at systemd"
You're just using FUD against victims.
I am saying there is likely way more to the story than we are getting. My past experience says that someone got fired, and that person is having a very loud, career destroying tantrum.
I don't care what the SJW hype-spin is, I don't care about the agenda SJW scum is pushing. I am sick of it which is what helps push my interpretation as I have declared above. I will call it as I see it. Someone new to employment got canned and is on a smear campaign. I could be wrong, but the current social environment makes me not give a shit.
L8r.
~ People that think they are better than anyone else for any reason are the cause of all the strife in the world.
Sorry your cab driving gig is down the tubes. Must be sheer hell having to show up at a fare on tome and actually get off the phone while you're driving someone.
Cab drivers are the scum of the earth.
"Oh my God. This is terrible. This is the end of my Presidency. I'm fucked."; ~ Donald J. Trump