@interfluidity The workers don't own the capital at all. Their competitive advantage was a mobile-phone operated cab office. @dmcdougall
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Replying to @nouswaves
@sebinsua@dmcdougall capital and competitive advantage are not synonyms. no one denies that smartphones are a better way to coordinate cabs1 reply 0 retweets 1 like -
Replying to @interfluidity
@interfluidity I didn't say they were synonyms. My point is that they own the platform that makes cabs more profitable.@dmcdougall2 replies 0 retweets 0 likes -
Replying to @nouswaves
@sebinsua@dmcdougall we can agree that they own share, and it is possible that share will yield a competitive moat via network effects.2 replies 0 retweets 1 like -
Replying to @interfluidity
@interfluidity@sebinsua efficiency gains grow as they capture more supply and more demand. virtuous circle of efficiency.4 replies 0 retweets 0 likes -
Replying to @dmcdougall
@dmcdougall@sebinsua the only possible efficiency gains would come from claims about density on the effectiveness of routing algorithms.2 replies 1 retweet 1 like -
Replying to @interfluidity
@interfluidity How many drivers were Uber onboarding compared to their competitors? More drivers equals less waiting.@dmcdougall2 replies 0 retweets 1 like -
Replying to @nouswaves
@sebinsua@dmcdougall Many drivers multihome. That’s the achilles heel of Uber bullish claims based on wait times.1 reply 1 retweet 1 like -
Replying to @interfluidity
@interfluidity Anecdotally, where I live in London, I can feel the difference between Hailo and Uber.@dmcdougall3 replies 0 retweets 1 like -
Replying to @nouswaves
@sebinsua@interfluidity@dmcdougall the difference between hailo and uber being......?1 reply 0 retweets 0 likes
@mikeymike111111 In this case I find it easier to get a cab and it's often cheaper with UberX. (Unless surging.) @interfluidity @dmcdougall
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