Why Uber And Lyft Are RAISING Prices And LOWERING Driver Pay

📺 Watch the FULL show here: kzbin.info...
🎙 LISTEN to the Show Me The Money Club is now available as an audio podcast on ALL major podcasting platforms. Search "Show Me The Money Club" on your favorite platform today or check out theridesharegu...
In this video, Sergio and Chris talk with special guest Cory Doctorow about the term enshittification and what it means for both Uber and Lyft
Cory's links:
pluralistic.net/
Bio: craphound.com/bio
Join in the live conversation and share your thoughts or ask your questions on the Show Me The Money Club with Sergio and Chris live Tuesdays 6pm est/ 3pm pst.
✔Follow Sergio And Chris:
👉Sergio
X / sergioaved
YT @SergioAvedian
IG @sergioavedian
👉Chris
X / chrispza716
YT @ChrisPza716 / @ScammerJammer
See how much money you can earn driving for Uber in YOUR city: yt.therideshar...
Sign up to drive Lyft and start earning today: go.therideshar...
Don't pay the FULL Price for gas! Download Upside here: theridesharegu...
Did you know The RideShare Guy also publishes in-depth articles? Get all our money-making tips and tricks in your email for free: theridesharegu...
Have you thought about trying delivery?
Doordash is the #1 delivery app right now! Dashers are regularly making $20-25/hour! Sign up here: yt.therideshar...
Become an Uber Eats delivery driver: yt.therideshar...
Shop with Instacart: yt.therideshar...
Save money
Earn cashback on ANYTHING you buy from ANY store. Download the app here: yt.therideshar...
👉 MAXIMIZE your rideshare earnings with the Maximum Ridesharing Profits Course: maximumridesha...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Website: theridesharegu...
Facebook: / therideshareguy
Twitter: / therideshareguy
Instagram: / therideshareguy
TikTok: / therideshareguy_
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
About The RideShare Guy:
I'm Harry, the founder of The Rideshare Guy. I started driving for Uber and Lyft in 2015 and eventually quit my day job as an aerospace engineer to run The Rideshare Guy full time.
These days, I'm a trusted media expert on all things rideshare and have a number of contributors across the country who are all driving for Uber and Lyft and other gig companies like Instacart, Doordash, and Postmates.
The RideShare Guy has appeared in The New York Times, The Wall Street Journal, CNN, CNBC, NPR, 60 Minutes on CBS TV, The Washington Post, Wired, Forbes, SFGate, and hundreds more.
The RideShare Guy has interviewed top gig economy leaders such as:
• Uber CEO Dara Khosrowshahi - • Interview with Uber CE...
• Lyft CEO David Risher - • RSG252: Interview with...
• DoorDash CEO Tony Xu - • Interview With DoorDas...
• Lyft Co Founder John Zimmer - • Interview With Lyft's ...
Harry also consults for both established corporations and start-ups. - theridesharegu...
Tags
#ShowMeTheMoneyClub
#Uber
#UberDriver
Related Videos
Hot Uber/Lyft News Playlist - • Prop 22 Results Are In...
Delivery Driver Playlist - • How to sign up for Ins...
New Drivers FAQs Playlist - • How to Text Your Uber ...
Links may contain affiliate links where we may receive a small compensation for. To see our disclosure here: theridesharegu...

[@Therideshareguy]

What are your thoughts? 📺 Watch the FULL show here: kzbin.infoUacB0J4gY6w 🎙 LISTEN to the Show Me The Money Club is now available as an audio podcast on ALL major podcasting platforms. Search "Show Me The Money Club" on your favorite platform today or check out therideshareguy.com/showmethemoneyclub/

[@MattTaormina-y2k]

I drove Uber and Lyft, by the time you pay for gas, wear and tear, oil changes, breaks, insurance, taxes…you average way less than 10 dollars per hour… one repair can wipe out your entire month 😮

[@bmuns6445]

Why not invite the CA attorney general and ask him why he doesn’t prosecute?

[@현지호-o8r]

This comment needs more likes.

[@wizardozzro]

Excellent!

[@lorenzol332]

Uber and Lyft paid off California politicians and our legal system accordingly 😂

[@sk-un5jq]

Because the platforms have the $$ and own the politicians.

[@sergioSMTMC1]

We tried

[@scarletbegonias2359]

When the interview first started out I looked at the hour length and gave out a big sigh, but as the show moved forward I became more and more intrigued. I could have listened to this guest for an additional hour or two.

[@stanislavstanchev1926]

The same here, very interesting interview. discussing trends and principles as opposed to discussing people. Seems like a good author , I will check some of his books. I like science fiction ..

[@sergioSMTMC1]

Thanks

[@tikk2010]

Oversaturate the market and keep the revolving door of drivers going. Its corporate greed plain and simple

[@eddylauterback1312]

Wear out your vehicle, put a lot of miles on it and not realize you are really not getting ahead.

[@DianeK7777]

We need a third platform that truly serves the people. Call it Fair/Fare.

[@debi10s]

Agree

[@enasellsflorida6710]

Absolutely!

[@alben503]

They cheat you but you cant cheat them. Upfront Algorithm and all the tactics implemented in it became like batling with the devil to make a living. Every time the App is updated it is something lessens, taken away or punishes the drivers

[@clintbaker3587]

I’m a 8 month driver with LYFT , elite status 🤦‍♂️, it’s completely bs and never been worse than it is today… not even close to being worth my time

[@tonyahice614]

I used tonstrive for platinum status...then one day it clicked that having one of those statuses is only beneficial to lyft bc it means I'm taking all the crap they threw at me. The only thing I strive for now is to keep my 5-star status, as that's what the RIDERS think of me.

[@mwright0428]

Same. Been at it for over a year part time and it’s definitely not what it used to be.

[@lorenzol332]

Decline Decline Decline. If they don't want to pay

[@munhozsantorely5385]

Totally agree that's how you get a good trip

[@ahmedortega5425]

This is the best decision we should be. Keep doing that decline until they are pay they are stealing our money

[@Motiv_Fit07]

I can't believe the amount of TRASH rides other drivers take!

[@davidk609]

Going to get a better job opportunity and just leave these rideshares open, but pass on everything in hopes of raising the money for those who choose to stay.

[@Klaista2k]

I can't believe some drivers take long trips. They are over 1 hour long and only pay around $42. Who the hell would accept that?

[@vinnyddavis6328]

This guy was on the money. Sad part is when companies like Uber and Lyft do this and really begin to start showing enormous profits it begins to create people who want to attain the same profits like them. Now you have a bunch of people who were on the bottom getting mistreated whose sole goal is to become just like these companies who could care less about the well being of the people they service, employees included. So, instead of people wanting to build companies to compete with these guys they build companies to get rich like them and the cycle continues over and over and over and over…

[@eddiecanis]

I started blip driving, take far, stop request. Drop off pax find safe space turn back on, when trip radar came in I had to many close calls😊

[@scottkeller8890]

I've been seeing Lyft do this the last few weeks in my market. I usually drive in the early mornings during the week because there used to be surge in those hours. The last 2 weeks there has been zero surge (replaced with 10-20% turbo), while they're still charging surge to the riders.

[@JeffBrown518]

This is one of the best interviews that you've done. This guy is EXTREMELY knowledgable and insightful.

[@vanzarockin]

Wow, Cory was the best of all the RSG guests. Please bring him back!

[@sergioSMTMC1]

Thanks

[@MicDropBBQ]

I agree!

[@Infoismylife]

Bring him again. He brilliant 👏

[@sergioSMTMC1]

He is brilliant

[@orton1900]

Here’s your 50 cent surge bonus 🤣🤣

[@fern]

DECLINE DECLINE DECLINE

[@mysticanabis]

Well someone gotta pay the shareholders Instead of driving , drivers should buy and invest

[@Sysyphus61]

Yeah, right… if we had enough money to buy any useful amount of stocks we wouldn’t be driving in the first place

[@owenb9370]

A stunning interview. Your best episode yet.

[@damianweiss217]

1. You forgot to do a deep dive on commercial insurance markups by Rideshare companies. That reminds me of larger over the road tractor trailer truckload companies where they sold you their truck at profit, give you the loan at profit, did your repairs at their shops, sold you their diesel, etc. When you went broke, they sold your truck to the next driver. If you don’t know how to drive a truck no problem, the government will subsidize you to go through the same trucking companies on site truck driving school. Turnover rates were often a 100%. 2. Add what we want as Rideshare drivers, on protests etc: Pass digital Markets Act, appoint special master to prevent price gouging riders, cheating drivers etc. 3. The breakup of ATT did not bring cost down of internet access. It did help MCI for awhile which sold cheaper phone calls. Overall our internet is more than Europe’s.

[@writemeyers]

Way to go guys! the BEST episode of SMTMC! Been Following Cory Doctorow and he's the best at clarifying the meta-issue.

[@sergioSMTMC1]

Thanks

[@joenieto6550]

I would never get in a driverless vehicle! What happens when another driver fucks up, is this driverless vehicle going to react?

[@bjdavis614]

So I live in Chicago right my board was super red then all of a sudden when I turned the app on my surge goes away but they are still charging 30 something dollars to go to 31st and King Drive I’m on 95th and the Dan Ryan call that they are sending me is $10 or less

[@jheatianedavis4748]

I'm in Chicago as well... I'm actually really close to you! Figure out your value... and don't move your car for anything less than that! My acceptance rate has dwindled but I refuse to subject myself to a poverty mindset for Uber!

[@Commex17]

The heat map disappears and moves away from my location always, which makes me sure that Uber is using AI against us drivers. I refuse more than 75% of their disgusting rides. I now can’t pay rent and have to start another job.

[@VirmanaMarketing]

To be fair, public investment in public transportation has been disincentivized by the auto company's lobby for decades. Uber accidentally exploited the fringes of this issue and grew like a cancer.

[@anabelleotero]

They not only change the time on the requests to make it look shorter but it is obvious now the earnings are calculated no more than 20$ per hour doesn’t matter where or how long.. never more than 20$ per hour? Is that some sort of SALARY?? If thats the case i want full benefits😝😝😝

[@randygrahame3301]

They will have their 6 million drivers to abuse until they can't afford to either repair their vehicle or buy a new one. Then they wake up and see how bad the pay is if they take every ride.

[@EnryR93]

This crazy game 😂 i gave a ride from the airport, rider was an uber driver and said she goes online to see if she lowers the price by increasing suply when booking a ride 😂

[@tiffanysteen1845]

I drive part time little motivation to get up early for me and drive an hour away. If I’m in area I’ll drive or if in Columbia or St Louis anytime I’ll drive pt. Lyft had promotion bonuses last two weeks so I drove more. I missed large ride bc I had appointments in my area and could not go 40 miles away in one direction which would taken me to Columbia so I could of drive there but I had other things in my schedule so I had to decline. College students don’t tip. I’m thinking about doing a few instacart picks up in my suv or Uber eats despite car not approved for rideshare bc it’s a 2007.

[@kevzfj40]

Face it ride share drivers aren't that smart an Uber and Lyft know it go to war with them everyday, and try to get cash for the return rides. Most passengers that leave the airport that go to a hotel will need a ride back to the airport at some time.

[@ericwolfe8119]

I'm starting to agree on that intelligence opinion. And the absolute lack of entrepreneur energy in all these drivers who supposedly want to work for themselves. I don't do rideshare much anymore; mostly into food delivery because I don't want to carry commercial passenger insurance. If passengers get hurt for any reason, they can sue the driver; no proper insurance equals 5-7 figure settlement and bankruptcy. It only has to happen once. Food won't ever sue and it pays better. As for drivers, 99% of all I see is complaining. Drivers want to work for themselves, but so few want to put in any effort to make it their actual own business. It's just so easy... I know who pays for delivery so I pinpoint advertise. I know what they pay, so I can undercut the apps. I know where they are and have a legit reason to go to their door. And I'm going to be the guy making the delivery either way... if they go through me directly, the same service is just half price. Easy. A middle school kid with a bicycle could take business away from these apps and make a good living. Meanwhile, the majority of "professionals" in this business just can't be bothered. It's easier for them to go broke sitting around complaining that a corporation should be giving them more. The reality is screw giving; this is business, we take or we don't get.

[@carldecanini5756]

I appreciate and agree with Cory Doctorow's views on what has happened and what is happening. He's brilliant. My question: What's the solution? I am not being critical but in one part of the show he talks about Tim Cook acquiring 90 companies per year and then says mergers and acquisitions have almost stopped completely due the FTC. What needs to happen to stop or even stem "enshitification"?

[@admiralsemmes6939]

Chris kept interrupting and wouldn't stop talking...😂

[@robnox]

Regarding lock-in strategies these companies use, California's Prop 22 was carefully crafted by Uber & Lyft's lawyers as a lock-in strategy for drivers. They do this by linking healthcare stipend eligibility to the number of hours worked for each gig company separately, so if you drive for more than one platform you may not get any healthcare stipend at all, even if you are eligible by total number of hours worked. This makes multi-apping less effective, and coerces drivers to pick one platform and stick with it. Drivers are only free of this burden if they get health insurance through a regular job (or some other source).

[@TheBestinTheWest.]

I think boycott Uber and Lyft campaign is the way to go forward

[@aqualogan]

Best guest you’ve ever hosted!

[@sergioSMTMC1]

Thanks

[@beachfrontmansion]

27:37 - yeah, I learned 5 years ago NOT to take ANY "OFFER" incentives - because it was All a RUSE!!!!!

[@beachfrontmansion]

24:15 - "to pay as little as possible" - Which means you're Driving for FREE. (If you extrapolate it out to its final conclusive End - the Driver is driving for free). 25:39 - it's 11:40am - I've been online since ,7-ish & made $10 so far.

[@anabelleotero]

They sent a trip to Gainsbille from Miami for 224$ 5 and 1/2 hours trip on wich of course i was going to get gas on the wsy there and on the way back about 60$ each trip. To go home with 120& if i dont eat anything and starved myself so a least i could said i made 120$ in 11 hours

[@fairwayfigueroa]

FANTASTIC interview, but Chris you MUST give the guest and Sergio a chance to get a word in good lord man please stop talking for a second PLEASE 🙏

[@Truthseeker728]

They're the hosts of the show.. they realize they can butt in at any point without it being considered rude. Chris is an invited guest if they chose to sit and listen that's wise, we often have a problem with espousing our opinions at each other without learning anything 😂. Now me personally idk his view but he seems anti Chrony capitalism. But doesn't label it as such, he just says "capitalism". Hopefully he isn't so "educated" he thinks any other system would be better with the proven results of lifting people out of poverty. Socialism/Marxism/ Communism is not the answer and will never be the answer it's proven in no matter which form it's implemented that it only drains the nation of everything resources, money,happiness of the individual

[@sergioSMTMC1]

Thanks

[@chambesm_1750]

If Uber was a software company and not a transportation company, their goal would be to link business owners (drivers) with customers (passengers) to the benefit of the drivers (while looking out for the security of the passenger) Upfront fares completely undoes that.

[@billm1943]

Yeah how about the anti-collision system that's on the Boeing 737 max? That's another one of their systems that don't work half the time.

[@eddiemanni8605]

I don’t think Chris said a word 😂

[@debi10s]

I think we should do a National don't drive week, see how that works for them. Yes it would not be 100 percent but even 60 percent could get their attention.

[@thoughtfully]

Im only in the top 25% and I cant figure out how to get into the top 5%. I feel like they are disrespectful and abusive. They want run me and my ride and take half my money, plus their commercial insurance expense... and I just cant take it. I do it for a little bit 2 or 3 months, but invariably they piss me off and I log out for 6 months.

[@alexsf4248]

I learn more from Sergio & Chris guests than I could possibly dream for. Thank you 🙏🚙

[@sergioSMTMC1]

Thanks

[@TEAMWRIGHTEOUS]

This was a great interview.... Hopefully you have him back because there's so much more info that he didn't have time to share.

[@beachfrontmansion]

7:39 - yesterday I made $40 - driving ALL DAY, and Only Taking offers that bring profits. I have driven for DDash 5 years and U-Eats for 3-ish. I've NEVER missed my daily goal... All Until Lately. I am loosing faith in Uber. Trust, faith, & MONEY!!!

[@MillennialVetFamily]

Cory = Morpheus

[@sophiekeeling2637]

Great interview! Worth listening to a few times since it’s a lot of information

[@sergioSMTMC1]

Thanks

[@Karama52011]

One of the best interviews ever. Thanks 🎉

[@sergioSMTMC1]

Thanks

[@tone12682]

Never understood the $3-4 rides

[@jsiver76]

Why are yall still trying to stay in this business. You pay is going down and all the people I know think that this is not an honorable job. Save your dignity and get out while you can. Don’t you ever get tired of fighting the company.

[@MillennialVetFamily]

What’s an honorable job ? W2 slave is a slave no matter what. Cory explained it all in layman’s terms.

[@michaelbibby01]

I'm at 110 for 3 hours so far tonight 😏

[@aquariusrizing]

He's making a living on KZbin.

[@libanabubakar1917]

Are you covering ride share problems?

[@hashimsabul2880]

Same question I asked on many occasions, Uber is a poverty trap, the house always wins

[@SteveAaroe]

Cory did not "come up with that term" Enshittification. !! FACTS It's in the gd dictionary !! The term was even discussed and tossed around over the last few years by another researcher/writer named Jeff Thomas Black, and Sergio, Ride Share guys knows him. So, Cory is a self-congratulating liar in the opening of the discussion and Sergio allowed him to do it. Cory did not "coin the term" !!

[@TheFriscoBassAce]

Excellent discussion.

[@sergioSMTMC1]

Thanks

[@walterwebster-g5k]

Surge Pricing is taxed at 29% so a 10$ ride is worth 7$ let us buy Uber stock instead so we are invested in Uber for retirement...

[@leestar871]

Any long term retirement?

[@denzelfashington3110]

Amazing guest

[@sergioSMTMC1]

Thanks

[@MikeHightower1]

So they know the level you are at when picking up at airports. So it doesn’t pay you when you’re on the wrong level.

[@MicDropBBQ]

Applause for this.👏👏👏👏👏

[@thinkingman2000]

So much money to be made in a subscription based driver app.

[@Okcdriver]

cherry picking is over and coming to you soon..gone are the $1 a mile club

[@bjdavis614]

I didn’t even get to drive this morning because they not paying for what they’re getting

[@Its_pancakey]

Too many fake accounts on uber and lyft

[@MattTaormina-y2k]

It’s great for a college kid, who’s parents pay for the car, gas, insurance, and repairs…

[@reehotch]

Bring Back CORY AWESOME what a great trio FIGHTING for us… Sergio/Chris/Cory again LYFT=Gip Gipped (Gypt) UBER = Losers

[@williamralls9116]

I found this fascinating

[@danielaguilar796]

Dara is a Monster 👹

[@MariaM.CarrerasRivera-qs5ws]

Wonderful

[@sergioSMTMC1]

Thanks

[@josephgallagher3403]

Weekend quest…70 rides for $40

[@martinakafia9063]

I'm the mean time the investors are waiting for the Automomous Self driving cars. Once that becomes a thing, bye-bye drivers no more needed.

[@CAIN180]

aurora and waymo is having large investments behind it. Will it happen next year no but it's coming and nothing is stopping it

[@ghostdriver1380]

You gotta let ppl finish their train of thought jeez

[@dyhppyx]

I feel so so sad as a driver

[@chriscassel1128]

I usually average $25/hour before gas but saturday night into sunday morning i averged over $39/hour

[@Dahmy12]

Do you live in NY?

[@chriscassel1128]

@@Dahmy12 no, Dallas

[@chriscassel1128]

@@B_Bodziak what do you mean? I said i usually average $25/hour....

[@Karama52011]

My gross earning for 2023 went from $1.18 per mile to $0.50 per mile

[@TheRideShareNetwork]

Because they can't suffer like everyone else.

[@ericgabay1580]

Uber stock is crushing, Investors know that low pay to drivers will make them override Uber.

[@djmouseshadow4735]

“You can make MILLIONS doing rideshare! Quit your job and start driving today!” Goofs never had a real job where you NEVER talk about how much you make.

[@thejunkyardmechanicwilliam7848]

Apple and Google can shut this down

[@AweSomeTee]

HUNDREDS OF THOUSAND DRIVERS ARE BEING TRAINED NOW TO DO THEY'RE OWN N.E.M.T BUSINESS & DO DIRECT MEDICAL RIDES & PROPERLY MEDICALLY TRAINED & DRIVERS GET PAID DIRECTLY AS N.E.M.T. DRIVER & PAID UP TO $440 FOR EACH RIDE !!!!!

[@OriginalFrenzy]

Let’s strike, one full week nobody work.

[@AshendisTV]

>Uber and Lyft charges passengers $15 to go from Caesars to Cosmo. >Uber and Lyft give the drivers $4. >Uber and Lyft wonder why no one wants to drive the Vegas Strip. *surprised Pikachu face*

[@marioleal8152]

ZZZZZZZZZZZZZZZ, not my business, not my concern. I'm doing my own thing. In the last 4 days I made $968, total 26 hours . If you really consider yourself an INDEPENDENT CONTRACTOR you really don't need Uber/Lyft that much at all. They pay beer 🍺money.

[@cliff1291]

Great discussion

[@sergioSMTMC1]

Thanks

[@AweSomeTee]

!!!! N.L.R.B. was JUST SHUT DOWN !!!!

[@Polisht]

Sounds like retaliation to me. Punishment

[@Ggg496]

😡

[@nwokobia]

Too Long; Didn't Watch. Make your videos shorter. Get to the point Quicker.

[@stud6414]

The guest is insufferable

[@sergioSMTMC1]

Like you

[@jamesl.1636]

What’s up, ladies?

[@sergioSMTMC1]

😱😱😱😂😂😂

[@jackblack9872]

u guys talk too much, just go out an do work, stop yapping.