New Books in Education cover image

Juliet Schor, "After the Gig: How the Sharing Economy Got Hijacked and How to Win It Back" (U California Press, 2021)

New Books in Education

00:00

The Shared Economy Goes Bad

Uber and Lyft subsidize rides 40% for a decade. Eventually the prices went up and now they're comparable with taxi and so forth. The new were still losing tons of money because they're you know they promised network economies which really don't exist very much in these small local in-person services. So it's not just greedy VCs it's like the weakness of the concept from the very beginning.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app