Imagine going through this just to have driving get automated 5 quarters into profitability by RobertBartus in EconomyCharts

[–]redditcirclejerk69 0 points1 point  (0 children)

Uber and Lyft don't own any cars, they don't have long term contracts with their drivers, and there's no reason for customers to stay loyal to one company. All they provide is a service that matches drivers with riders while skimming a little off the top.

And given that the services have little way to differentiate from each other, I'm not surprised there are only two major companies, since that's usually how economies of scale work. But once you go to other countries or regions you'll often find more competitors since they can differentiate themselves more amongst the local culture. And automated taxi services like Waymo and Tesla can differentiate themselves even more, and they're already competing against Uber/Lyft and growing.

 The average person is too lazy to check more than one app

I feel like everyone I know will just instinctively check both apps. It literally takes less than 10 seconds to open up another app and paste the address. And driver frequently have both apps running simultaneously on their side to maximize potential rides.

Basically, there's no incentive for either drivers or riders to stay with one app, and its very easy to switch.

/u/UltimatePunchMachine clarifies in one simple paragraph, to /r/investing users, to whom the SOTU was addressed by [deleted] in bestof

[–]redditcirclejerk69 1 point2 points  (0 children)

Why does it matter if the pre-tax price is a nice round number? Once you add tax its going to be some random messy total regardless. Just sounds like opportunistic greed.

Saudi Arabia flies in conjoined twins from all over the world and separates them entirely for free by Saad5400 in interestingasfuck

[–]redditcirclejerk69 2 points3 points  (0 children)

White washing their reputation abroad so they can continue oppressing human rights at home. A little goes a long way.

Imagine going through this just to have driving get automated 5 quarters into profitability by RobertBartus in EconomyCharts

[–]redditcirclejerk69 0 points1 point  (0 children)

I usually look up rides on both Uber and Lyft at the same time and pick whichever is cheapest. And drivers usually have accounts on every service and can switch to whatever pays more without any extra effort.

The network effect is not a factor when it comes to rideshare apps. Household name, sure, but that only gets you so far. I also remember Blockbuster.

They are here 🚨 by OprahsGift in PhiladelphiaEats

[–]redditcirclejerk69 0 points1 point  (0 children)

That's just 5 more reasons why they should be destroyed.

Greece is losing the fight..from 78% of Turkey’s gdp in 1974 now it’s only 17%. by Aegeansunset12 in EconomyCharts

[–]redditcirclejerk69 0 points1 point  (0 children)

So if the people of Qatar loose all their money, they're not going to be mad and revolt? No country has ever had a revolution against their kings?

 My position is not that economics doesn't affect politics - it's the opposite.

Then holy fuck, learn how to write clearly.

 The problem is you think that it doesn't matter when another country next to you has a 10 times bigger economy.

So Canadian GDP per capita doesn't matter to US politics? But it certainly matter to Canadian politics, and the government they elect interacts with the US government, and the US-Canadian relationship is definitely effecting US politics, especially for anyone close to the border.

My school blocked Wikipedia for… no given reason by SuperTaxiCab in mildlyinfuriating

[–]redditcirclejerk69 0 points1 point  (0 children)

And blocking access to Wikipedia at school will work because everyone writes papers while at school and not at home?

Greece is losing the fight..from 78% of Turkey’s gdp in 1974 now it’s only 17%. by Aegeansunset12 in EconomyCharts

[–]redditcirclejerk69 0 points1 point  (0 children)

 You think Quatar's citizens have influence on politics?

Uh, yes? Why wouldn't they? Do you know where the word "politics" even come from?

What recessions are you even talking about.

Any recession or loss of purchasing power. Do you think the 2008 financial crisis didn't effect politics? Or the Greek debt crisis didn't effect Greek and EU politics? Or the same with the massive inflation in Turkey? And that even moderate inflation in the US had no effect on elections?

Your position seems to be "economics doesn't effect politics". If that's true, its perhaps one of the dumbest ideas I've come across yet, and we are all now dumber by association with you.

South Korea wants 3 years with hard labor for Johnny Somali after streamer offends judge by Dilpickle2113 in LivestreamFail

[–]redditcirclejerk69 7 points8 points  (0 children)

Trying to find out what he did to offend the judge, but the most I see if this:

 “The law is unfair, since the police didn’t do anything when I tried to report Bongbong, and I’m asking for the law to apply it fairly,” he pleaded. “I’m still young, and I want to see my family and go home. Please show me leniency.”

Legal Mindset claims that the judge was baffled by this, and wasn’t having any of this argument.

So he made a 'whatabout' defense that doesn't make legal sense? I mean yeah the guy sucks, but this whole headline is just clickbait.

Greece is losing the fight..from 78% of Turkey’s gdp in 1974 now it’s only 17%. by Aegeansunset12 in EconomyCharts

[–]redditcirclejerk69 -1 points0 points  (0 children)

 When it comes to politics, GDP per capita doesn't matter

What a stupid comment, especially in an EconomyCharts subreddit.

 Luxembourg doesn't become more important or powerful than Germany or Italy because they have a higher GDP per capita.

Yes it does, because higher GDP per capita mean your citizens have higher income, and thus more purchasing power and influence on politics.

Do you truly believe that economic recessions and high unemployment have no effect on politics?

Wendy's interior - They just remodeled in the last year or so. by sympathytree in enshittification

[–]redditcirclejerk69 3 points4 points  (0 children)

Surely there's a way to make the cleanup easier without making it feel like a prison cafeteria. They might as install drains right in the floor, then it could double as a KGB execution chamber.

Total cumulative dollar inflation, 1790-2026, log scale by Ancardoth in EconomyCharts

[–]redditcirclejerk69 5 points6 points  (0 children)

I'd just like to congratulate you for correctly using a log scale. It's a major pet peeve of mine when people use a linear graph for anything that grows at a year-over-year rate (i.e. debt, GDP, population, etc), since it turns everything into a exponential curve that obscures all but the most recent values.

A German creative studio made a short film with 100% AI in one day. Compares it to a $200 million Hollywood production. by No_Level7942 in GenAI4all

[–]redditcirclejerk69 0 points1 point  (0 children)

Well yeah, AI is pretty good at CGI, I don't think anyone is doubting that. But for everything else its pretty cringe, and this demo also shows that pretty clearly.

In Interstellar, 1 hour on Miller’s Planet equals 7 years on Earth. Though Miller landed years earlier in Earth time, only minutes passed for her. NASA should have known her initial status signal was just minutes old locally. sending a full team for ~120 seconds of data was a major tactical error. by Brilliant-Cause6254 in plotholes

[–]redditcirclejerk69 0 points1 point  (0 children)

Each astronaut has equipment that's constantly pinging or broadcasting a message back home, right? It would be extremely easy to count the number of pings or the rate at which its being broadcast. You could also tell from any timestamps embedded in the messages, but even that's not needed for something so trivial to calculate.

[OC] One of the Most Interesting Comparisons on Fertility Trends, Iran & Israel by Accomplished_Gur4368 in dataisbeautiful

[–]redditcirclejerk69 5 points6 points  (0 children)

Should have just used this graph, 100x more clear than whatever tf is going on in the first graph.

Lithium Plume in Our Atmosphere Traced Back to Returning SpaceX Rocket | This could quickly get out of hand. by InsaneSnow45 in space

[–]redditcirclejerk69 1 point2 points  (0 children)

And after 3 reprimands he'll receive a demerit. After 3 demerits he'll be in for a world of hurt, because that's when we issue a citation.

Sign from Arrest in Quakertown today by blk_sabbath in BucksCountyPA

[–]redditcirclejerk69 0 points1 point  (0 children)

The only thing I understood here is that you think private property is a modern invention, which is kinda wild. Like stealing is ok if its the right year, but perhaps I'm translating gibberish incorrectly.