Like Yahoo and Google, Uber offers access to the kind of data that, as recently as 10 years ago, an economist could only dream of. Uber’s more than 3 million drivers provide roughly 15 million trips, globally, every day. Uber’s researchers can test vital questions about driver pay, customer satisfaction, and urban transit with tiny tweaks to the company’s algorithms. Uber doesn’t police what its...
If you care about helping the uneducated, you should love Uber
Beyond higher pay and flexibility, Uber and Lyft created opportunities for underrepresented communities. I’ve seen Austinites who are deaf, or for whom English is not their first language, drive for Uber and Lyft successfully. Imagine an entire underrepresented community offered a new opportunity to earn a living, now part of the more than 10,000 people that have lost income. In the startup...
Data on what Uber drivers make
How are Uber fares calculated? When someone takes a ride with you, they are charged a fare plus a “Rider Fee”. The fare for UberX in Los Angeles is currently $0.18 a minute + $1 a mile. If there is “Surge Pricing” then the entire fare is multiplied by that number. Surge Pricing means Uber increases the fare prices during certain times of higher demand, making these hours more attractive for...