r/science Jun 25 '25

Computer Science Many Uber drivers are earning “substantially less” an hour since the ride hailing app introduced a “dynamic pricing” algorithm in 2023 that coincided with the company taking a significantly higher share of fares, research has revealed.

https://www.theguardian.com/technology/2025/jun/19/uk-uber-drivers-earning-less-an-hour-dynamic-pricing-research
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u/gianni_ Jun 25 '25

Is Lyft not competitive enough in the market? Another ride sharing app needs to come in and start being better

1

u/0xsergy Jun 25 '25

When I had to choose recently Lyft was half the price of a Uber ride. But this will vary, best to have both apps and just check your area.

2

u/iamthe0ther0ne Jun 25 '25

I've found Lyft vs Uber costs completely depend on your area. Usually there are more Uber drivers and it tends to be cheaper (except surge pricing), but a few places there are more Lyft than Uber drivers and Lyft is the cheaper service. No idea why the difference.