Data from 14,756 fares: Uber and Lyft have slashed driver pay in recent years by taking a larger portion of each fare, far more than they publicly report
In July, an Uber driver we'll call Dave—his name has been changed here to protect his identity—picked up a fare in a trendy neighborhood of a major U.S. metropolitan area.
This is a remarkable bit of journalism outlining just how opaque Uber and Lyft are in their role as middlemen in a giant human arbitrage scheme https://jalopnik.com/... https://twitter.com/...
“8,926 fares...,” an Uber spokesman said, is “not a statistically representative sample, given Uber completes approximately 15 million trips per day around the world.” Well, that's not the logic of statistical theory. https://jalopnik.com/...