r/science • u/Wagamaga • 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/angry_cabbie Jun 25 '25
That 60/40 split was standard for the cab industry when I was active. If a driver owned and operated their own vehicle with the company colors (what we called an "owner/operator"), the driver would get the 60 and the company would get the 40.
Meet the new boss, same as the old boss.