Techdirt Podcast Episode 27: The Rise Of The On-Demand Economy

from the beyond-uber dept

There are a lot of startups out there trying to become the "Uber of..." something, from valet parking to food delivery to dog-walking. But as much as this might look like mere bandwagon-hopping, it actually represents a fascinating and potentially important trend: the emergence of a new, highly efficient and flexible economy based around individuals offering on-demand services.

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Filed Under: economics, on-demand, podcast, valet parking
Companies: luxe, uber, wag

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  1. icon
    Mike Masnick (profile), 2 Jun 2015 @ 4:53pm

    Re: Re: "On demand"

    I'll ignore the silly insults and just get to this point:

    That years of fine tuning the regulation of the transport industry -because public safety - means nothing if it stands in the way of disruption from silicon valley.

    That's ridiculous and not our point at all. Rather, the point -- as I've explained many times before -- is that those "finely tuned" regulations are often not finely tuned at all, but rather used to limit supply in order to jack up prices way beyond reasonable.

    And, more importantly, the entire point of most of those regulations was because of information asymmetry. So, yes, you had to be concerned for public safety, but that's mainly an issue when you have a one-off interaction -- i.e., when you'll never deal with the driver again. But the thing that's really interesting about these new services is that they do away with that information asymmetry by allowing passengers to rate drivers, thereby leading to a safer/better overall experience *without the need* for the regulatory burden on top.

    Every Uber experience I've had has been world's better than every taxi experience. And often it has been less expensive.

    So the argument that it's "having the lower strata of society" serving the "higher strata" of society is also a load of hogwash. Increasing the supply has made things much cheaper so that many more people are able to use these kinds of transportation services as well... and it's enabled more people to work.

    Your talking points are not just stale, but they're wrong.

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