This would hold if Uber was effectively employing drivers to transport people from A to B.
But Uber is aledgedly merely a matchmaking platform for users and drivers. Therefore, algorithms to significantly and stealthily arbitrage the difference between clients' offers and the drivers' bids is quite murky, and, in other marketmaking businesses, highly illegal.
But Uber is aledgedly merely a matchmaking platform for users and drivers. Therefore, algorithms to significantly and stealthily arbitrage the difference between clients' offers and the drivers' bids is quite murky, and, in other marketmaking businesses, highly illegal.