Quote:
Originally Posted by NeverLosesAtPoker
This thread died off but I'm quite curious how Uber's impending arrival will affect OP. I believe he said there were already too many cab drivers in Vegas, so you add Uber and Lyft to that mix and some people should be out of a job amirite.
I don't think any jobs will be lost per se but income will be divided. There's no question that it's not going to help me any, so it becomes to what degree with the effects be felt? To be honest, I think it will be pretty significant. As of today, before Uber, the business is totally shot. It's not nearly what it once was. There is no debating it, the old cats talk about it frequently. I mean, we're 5 years past the min wage requirement the state imposed. (at times drivers make less, now co's have to guarantee it). So you add 200% more for hire cars into that pool and theoretically it could get really bad. But, you also need to view it from the other angle which is, what's the percentage of people that take cabs in vegas every day that even have an Uber account?
In reality it's going to suck for everyone, except for maybe Uber Corp, and it might not even be a hot deal for them either. It's going to be a **** deal being a cabbie, it's a **** deal being an Uber driver, the cab co's are going to get kicked in the nuts and there you have it. Little question that the consumer wins here, kind of.
Things of note:
-Uber has claimed they actually increase the demand for rides in their markets so if that's true this would work to mitigate the effects of their arrival. Personally I believe this is largely BS so it will be interesting to see how that pans out.
-It's going to work out that they will be launching right as we go into the dead season. Nobody makes any money after Halloween so all TNC drivers will feel the suck immediately.
-The honeymoon phase is almost over. Regulators, drivers, passengers are starting to catch on. The huge employee miss classification suit in CA. was awarded class status, this case represents a gigantic blow to their bottom line. This ruling is one in a series of rulings they have lost on this case so far. In other news Shenzhen China banned Uber, extremely significant as SZ is China's most tech savvy city. It's where iphone's get made. These two significant blows to Uber are from just the last 48 hours. If that wasn't enough, Uber is turning over drivers faster than cab co's are. Why? Because the drivers figure out quickly it's a raw deal. I'm paying 30% to a dispatch service? wtf??? And wait a minute, I'm an independent contractor but Uber get's to determine the rates I charge? The ****...
- The only play here as I see it is if the cab co's start leasing cabs. Which from all accounts is in the future. If I can pay a per diem, work when I want, not be liable, stage at every stand in town and use any TNC platforms simultaneously that would give you the best chance to make it work I think.
-Recent moves by cab co's have me baffled. We just raised rates for the second time this year, in addition to the new tax (thanks uber for that one). My co also increased some misc bs that comes out of my pocket. And let's face it, that 3% tax comes right out of my tips. Apparently these idiots still haven't figured out that we are going to be in a war for drivers. None of this means anything if either side can't put butts in the seats.
-Uber wasted a lot of time and money getting their new law passed. I said recently that if they had just applied for a cab permit they would have been operating long ago. Considering the fairly strenuous regulations their bill includes, they effectively paid the govt to treat them just like a cab co. The government already has a division for that dudes, maybe you should have just applied with them?
-Lastly a message to anyone thinking about driving their car for a TNC: I got a brand new cab a week ago, it had 35 miles on it. Since then it's been puked in once, at least one drink spilled (tonight), a nice scratch on the front bumper when somebody at gas station backed into it. A nice scratch along the passenger side I don't know where it came from. Half dozen marks on rear bumper lid from luggage. It has 1000 miles on it now....Also enjoy the speed bumps all over town with a full load in your car. Those are fun. Heavy springs a good idea. Also definitely pick up at all the pool parties. Those are the rides you want. And there was one more thing....oh yeah, do call your insurance agent and your lender and have a frank conversation with them about what you are doing with their vehicle. Particularly if you are fortunate enough to posses any assets whatsoever. And the pool parties bro's. Trust me on this. Think about it, hot chicks. Pool parties. Just Do It.