this post was submitted on 18 Aug 2023
772 points (98.6% liked)

Technology

59583 readers
2852 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers::Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum wage for rideshare drivers.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 46 points 1 year ago (1 children)

This mindset of catering to companies is infuriating. They took the risk creating the business, if they are no longer able to afford to pay wages or have competitive prices they don't deserve to remain open. That's the whole fucking point of the free market. Let these companies fail, the country and the economy will recover and new companies that fill current niches and needs will pop up.

[–] [email protected] 12 points 1 year ago* (last edited 1 year ago) (1 children)

These companies bled investor money for years acquiring market share with their long term viability plan being that self driving cars were around the corner. They've been waiting to fire all the drivers but they got grifted by Elon types into thinking self driving tech was imminent.

They didn't think they'd still have to pay people. Those salaries were supposed to be a temporary loss leader

[–] [email protected] 2 points 1 year ago (1 children)

There's no way the plan was ever to actually create a fleet of high tech cars they own and maintain themselves, which depreciate over time and eventually have to be replaced. Surely that was just a lie to get the money.

[–] [email protected] 1 points 1 year ago

I don't think there was exclusively one solitary sort of fuckery afoot