The study analyzed data from 258 UK Uber drivers over more than 1.5 million trips between 2016 and 2024. This revealed a significant shift when Uber introduced a dynamic pricing algorithm in 2023. Passengers now pay more per trip, but drivers’ earnings have declined. Adjusted for inflation, drivers’ hourly income fell from over £22 to just over £19 before operating costs, and drivers are spending more unpaid time waiting for rides than before. Uber’s commission has risen from around 25% to 29% and in some cases, Uber took over half the value of the fare.

  • otacon239@lemmy.world
    602·
    21 hours ago

    Why would it work any differently? If there’s a way for the company to make more money off both and there’s no punishment for doing so, what’s the incentive for anything else?

    • lectricleopard@lemmy.world
      145·
      21 hours ago

      Yeah, my first thought was this isn’t news. This is literally reporting that someone is doing their job.

      It sucks that the goal in capitalism is just more money. Unions are how labor gets stuff in capitalism. Even if they aren’t perfect, dont hate the player, hate the game.

      • Viking_Hippie@lemmy.dbzer0.com
        91·
        14 hours ago

        dont hate the player, hate the game.

        Awful expression. If you’re playing an abusive game on purpose, you’re still being abusive. I’ll hate both, thankyouverymuch.

        • null_dot@lemmy.dbzer0.comEnglish
          31·
          12 hours ago

          Most people’s pension funds invest in all the awful companies they like to complain about.

          You can despise capitalism, but ultimately we still need to exist in a capitalist society.

          • Viking_Hippie@lemmy.dbzer0.com
            22·
            11 hours ago

            Most people’s pension funds invest in all the awful companies they like to complain about

            Which is also bad for everyone who’s not already rich, compared to old fashioned pensions NOT dependent on what is basically a casino with socialized losses and private gains for the already obscenely rich.

            You can despise capitalism

            Thanks for the permission, kind sir/madam/other 🫡

            we still need to exist in a capitalist society.

            Short term, yes. Probably medium term too. But long term, we CAN change the system into something much better than the global pyramid scheme we have going on now.

            Capitalism isn’t a law of nature. It’s a choice, and an awful one at that.