Uber is a bezzle ("the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it"). Every bezzle ends.Uber's time is up.1/ pic.twitter.com/UkqGXvC744— Cory Doctorow (@doctorow) August 10, 2021
The goal is to annihilate the market by flooding it at a loss (because you're the player with the deepest pockets), then raise prices and get exclusive contracts when you're the only player left.
The goal is to annihilate the market by flooding it at a loss (because you're the player with the deepest pockets), then raise prices and get exclusive contracts when you're the only player left.