The Podcast of the Lotus Eaters #433
Carl and Connor discuss the rightward shift in the Conservative Party leadership race, how Uber is using agent provocateurs, and how Elon Musk appears to have won his game of 4D chess.
https://lotuseaters.com/the-podcast-of-the-lotus-eaters-43311-07-2022
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starts 4:35
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Always enjoy the show fellas.
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The original idea of Uber was literally ride-sharing... for people who were heading to work and willing to offer a ride to other people to share costs. Human nature being what it is, it morphed into the kind of informal taxi business. Uber caused tremendous upheaval in the established taxi businesses but beyond forcing them to cut their fares to compete. In many places, including Ottawa, the capital of Trudeautopia, the taxi drivers are unionized and accustomed to bullying the taxi companies. Taxi plates are issued by the city and restricted in number. Being the quantity of plates was restricted, the market for plates was lucrative... each plate commanding up to $75,000 when sold... easily the most expensive part about getting into the taxi business. When Uber arrived, it was effectively like nuking the market for plates. They're now much easier to get and only fetch around $5,000... Needless to say, many very pissed off taxi owner-operators running around with a chip on their shoulder. Full disclosure, my father-in-law (RIP) had his small taxi business bankrupted by the union who kept laying unfounded complaints against his company... basically using the process as a form of punishment. The company's resources and time were spent successfully defending against the complaints rather than doing business. When he finally gave up and began to dissolve the company, the union tried to force him to sell the plates directly to them (union) rather than to anyone with the cash in hand. So there's a certain kind of grim satisfaction in watching the unionized thugs getting served some just desserts by Uber. Kind of sorry to hear Uber is now evolving into a force for evil instead of good.
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Just a quick question... Any British people running for PM? Did I move to pakistan without realising?
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Uber / Lyft are great as side hustles. In some places it can be a viable primary income option. One of my favorite use cases for Uber / Lyft is people looking to pickup someone when commuting to and from work. The couple people I spoke with that did the practice loved that they could recoup commute costs that otherwise go unpaid. Another interesting use case has been a couple drivers that would cover a decent amount of vacation costs when visiting family / friends in different parts of the state. Driving only for high traffic events also is a thing that lots do. For example a music festival that came through town often resulted in 3 days of getting paid $400+ each day; lots of long drives, tips, and high demand. I used drove for Uber and Lyft for ~3 years and loved it. I also understood why morons hated it. Pay is typically terrible in dense downtown areas(also chance of tickets is high) and best when long rides are likely. I specifically paid attention to places that would result in long ride pickups and got paid well as a result(tips also tend to be much better for long rides). Even if the wait time was a bit long in some places, it was downtime and I would try to find somewhere nice to take a break. As a result I visited more parks and recreation areas while driving for Lyft / Uber than ever in a similar time frame.
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Use Lyft
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