The market price is constrained arbitrarily by assumptions that no longer hold.
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Also like these folks have an insane amount of leverage (which awesome)- they're legit basically irreplaceable since most anyone desperate enough to be working right now is already working one of these jobs or applying to work there and wants the same terms.
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Yea. It’s gonna be a big discontinuous jump I think. A decades abused power dynamic is gonna reverse
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not sure this is completely true, because UberEats is offering completely free shipping for me. that tells me demand has somehow fallen for whatever reason. unless it's a marketing ploy?
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I think this "living under the API" thing is net good for efficiency. It should absolutely be the case that we should be able to scale up certain real world operations based on supply and demand. These companies should scale up hazard pay if they want supply and demand to meet
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with the current level of unemployment insurance, the hazard pay will have to be very high indeed to get the Instacart and UberEats people actually working.
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since demand is also purportedly rising, this isn't necessarily a bad thing for the market maker. High oil prices mean oil gas stations make a killing. High interest rates mean banks make a killing.
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Society as a service
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