10 pointsby tcp_handshaker7 hours ago1 comment
  • Legend24404 hours ago
    Seattle did this. It didn't really work out for the drivers: https://www.king5.com/article/news/local/seattle-rideshare-d...

    There were two problems:

    1. Increased wages got passed along to increased prices, decreasing demand for Ubers and thus the total number of rides/deliveries.

    2. Increased wages made driving more attractive, so more people signed up to be drivers.

    More drivers competing for fewer rides meant that each driver didn't actually make any more money.

    All the regulation really did was make Ubers more expensive.

    • Group_B4 hours ago
      We are almost full circle with going back to taxis. They want to cap the number of drivers. Maybe there’s some way to cap it with this thing called a license. Well played everyone!