Uber Didn't Take Away Jobs But Hurt Taxi Drivers' Wages
Uber is not taking jobs away from taxi drivers according to a new study. However, it does drive down their wages.
Researchers from Oxford University have determined that the popular ride-sharing company Uber does not lower the employment rate among taxi drivers. As a matter of fact, it has increased the employment for both taxi drivers and self-employed drivers.
Uber vs Taxi Drivers
The lowdown on the results of the Oxford study is that Uber has affected the taxi drivers' earning capacity in a negative manner. Taxi drivers' earnings have suffered by as much as 10 percent since Uber came to prominence. According to the researchers stressed that the decrease in earnings of taxi drivers coincided with the increase in income of Uber drivers. In other words, while the jobs are still there, they are no longer as lucrative as before. Engadget also noted that the number of self-employed drivers went up by 50 percent which means more people got jobs because of Uber.
The ride-sharing company has long been in dispute with taxi drivers and taxi companies but it is in even deeper trouble due to the controversy stemming from its supposed support of Donald Trump's new immigration law. The #DeleteUber has trended after the company decided to continue operations while taxi drivers staged a boycott at the JFK airport. Uber CEO Travis Kalanick has also received flak for being part of Trump's panel of advisers. In response, Uber has pledged a $3 million fund for its drivers who are or will be affected by the immigration ban.
Uber, which named former Google Head of Research Amit Singhal as the new Senior Vice President of Engineering, is working on a self-driving fleet which may pose an even greater threat not only to taxi drivers but also to its own crop of drivers. It already introduced the first self-driving Uber cars in Pittsburgh back in September while San Francisco followed in December before it was quickly pulled the units out.
Tesla P100D With Ludicrous Plus Burns Rubber With Faster 0-60 Time Than Faraday Future's FF 91 SUV
Tesla's P100D with Ludicrous Plus Beats Faraday Future FF91's acceleration time by less than 1 second.
Tesla News and Updates: German Government Asks Tesla To Drop Autopilot Tag
Germany wants tesla to remove the "autopilot" tag in their marketing campaign since this has proved misleading as evidence by the fatal crashes involving their Tesla Model S cars.
Tesla News: Orders For Model 3 To Be Delivered Mid-2018
Tesla announces that new reservations for the Model 3, their latest flagship car, will be available in mid-2018 or later while orders made beforehand will be deliverd in 2017 as promised.
The Uber Drama Continues, Over 1,100 Employees Want Travis Kalanick Back
More than 1,000 Uber employees so far have shown their support for their embattled former leader Travis Kalanick by circulating a petition to reinstate him.
What Future Awaits Uber After CEO's Resignation?
Uber's Travis Kalanick succumbs to pressure from shareholders and gives up his CEO title.
MORE IN ITECHPOST
Smart Monitoring Tools That Make Sense
There are plenty of monitoring tools out there, some better than others. But the initial challenge is figuring out which ones work for certain kinds of tasks. There is a lot of functional overlap, and you don't want to spend time doing the same task twice. Of all the debugging and Python monitoring tools, you'll likely end up needing just a few, not dozens. The answer lies in categorizing the tools. After that, we can examine the different jobs that each kind of tool is designed for.
How Do Personal Emergency Response Systems Work?
Personal emergency response systems, known as PERS for short, are systems that help people to raise the alarm and get immediate help when a medical or personal emergency occurs. They are ideal for older people and anyone with a mobility issue or an injury or illness that can cause falls.
'The Outer Worlds' Pre-Order Guide Plus Game Details Roundup
"The Outer Worlds" is only days away, and fans can pre-order the game.
Advantages of Team Sports for Students
Most students are aware that physical exercise is a beneficial activity that does not only improves physical and mental health but also provides plenty of more benefits. Good fitness, energy, focus, self-discipline - these are just some of the few listed advantages from a significantly bigger list.