Just Aguy@chi1cabby·Nov 16, 2014Replying to @pmarca@pmarca @vgr Perhaps a close reading of prescient @matthewstoller would clarify: http://nakedcapitalism.com/2014/04/matt-stoller-how-uber-creates-an-algorithmic-monopoly.html… & visit http://UberPeople.net41
Venkatesh Rao@vgr·Nov 16, 2014Replying to @chi1cabby@chi1cabby @pmarca @matthewstoller Just because it was a service previously provided by government does not make it a 'governing service.'1
Matt Stoller@matthewstoller·Nov 16, 2014Replying to @vgr@vgr @chi1cabby @pmarca I did not argue that.1
Venkatesh Rao@vgr·Nov 16, 2014Replying to @matthewstoller@matthewstoller @chi1cabby @pmarca "But what the company is really doing is supplying a governing service, replacing taxi commissions"2
Matt Stoller@matthewstoller·Nov 16, 2014Replying to @vgr@vgr @chi1cabby @pmarca Correct. Nowhere did I say a service provided by gov is necessarily a governing service.1
Venkatesh Rao@vgr·Nov 16, 2014Replying to @matthewstoller@matthewstoller @chi1cabby @pmarca So Uber is a market maker that replaces a regulator. I don't get the point you're trying to make then.1
Matt Stoller@matthewstoller·Nov 16, 2014Replying to @vgr@vgr @chi1cabby @pmarca Then reread the piece. It's clear. Uber is replacing a publicly organized market with a private autocracy.31
Just Aguy@chi1cabby·Nov 16, 2014Replying to @matthewstoller@matthewstoller @vgr @pmarca & rate regulated cabs & limos during low demand, but extract high pricing during high demand. The claim that4
Venkatesh Rao@vgrReplying to @chi1cabby@chi1cabby @matthewstoller @pmarca Same issue as with Amazon. Monopoly/monopsony arguments with Hachette fall apart.7:55 PM · Nov 16, 2014