Re: The reason Uber is not profitable
The riders might complain when prices up by 50%, and the drivers might complain that Uber is keeping almost all of that increase for itself, but there won't be any alternatives at that point.
On the contrary. By the time Uber has cornered the market and can increase prices, there will be no drivers, only self-driving cars.
Über über alles!
(Risking invocation of Godwin's Law, I know)
Biting the hand that feeds IT
