Pretty much the entire "gig economy" is full of hot air and survives on regular influxes of VC money despite massive losses every year. The business model doesn't frickin work.
The hope from investors was that they would be investing into what would ultimately become a monopoly that could extract rents to repay them (not very competitive market of them, but that's tipping the hat a little isn't it...) but the funny bit is there's like 5-7 competitors in the US alone doing the same thing.
Here's a take: maybe this is just a natural monopoly situation, and if we like the convenience of gig delivery but don't like the high prices per order or that gig workers don't get sufficient pay, health insurance or other benefits, how about we just nationalize it?
You know, the same way we did for everything that wasn't food or groceries before? USPS Courier service sounds like an idea to me.
Nationalize it? No way. Besides I like rich investors ponying up money so my ride/food is more convenient and cheaper! It won’t last, but then what does?
Pretty much the entire "gig economy" is full of hot air and survives on regular influxes of VC money despite massive losses every year. The business model doesn't frickin work.
The hope from investors was that they would be investing into what would ultimately become a monopoly that could extract rents to repay them (not very competitive market of them, but that's tipping the hat a little isn't it...) but the funny bit is there's like 5-7 competitors in the US alone doing the same thing.
Here's a take: maybe this is just a natural monopoly situation, and if we like the convenience of gig delivery but don't like the high prices per order or that gig workers don't get sufficient pay, health insurance or other benefits, how about we just nationalize it?
You know, the same way we did for everything that wasn't food or groceries before? USPS Courier service sounds like an idea to me.