2022-05-19
It's crazy how much the last ten years of city life were shaped by tens of billions of dollars in subsidies for cheap cab rides https://slate.com/...
Slate
As Uber begins to rein in costs, having lost ~$30B in five-odd years, a look at the impact of cheap rides on city transit and the opportunities that were lost
Recently I was talking with an executive who used to work in car-sharing—the wave of companies, led by Zipcar and car2go … Tweets: @henrygrabar , @dlknowles , @carnage4life , @alex...
some of this was really good! fewer parking garages, lower rates of drunk driving. some was not so good: disinvestment in mass transit, traffic congestion. some was ??? (restaurants opening ghost kitchens) what happens to all of that when Dara turns the screws?
Slate
As Uber begins to rein in costs, having lost ~$30B in five-odd years, a look at the impact of cheap rides on city transit and the opportunities that were lost
Recently I was talking with an executive who used to work in car-sharing—the wave of companies, led by Zipcar and car2go … Tweets: @henrygrabar , @dlknowles , @carnage4life , @alex...