california is about to kill ride-sharing. presumably, the catastrophic job loss will be blamed on the fact that uber and lyft were allowed to exist in the first place. “we wouldn’t have lost these jobs,” @LorenaSGonzalez will argue, “had they never been created.”
-
-
I'll take a stab at it. If the current status helped thousands of people earn income then let the market decide if that income is viable. By CA stepping on the throat of that income, it intervenes in the chain of causation. The intervention itself guarantees the failure.
-
UBER/LYFT are dumpster fires that would have gone the way of Webvan without so much wasted capital. CA rules would never have had to come about if unviable businesses were snuffed out earlier. Benefits/drawbacks aren't certain yet with reclassification.
- Show replies
New conversation -
-
-
So back to million $ taxi licenses (have to leverage your life to get) from cartel-like groups and sh*tty cabs?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.