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-   -   How much do Uber drivers really earn? (http://www.yappi.com/forums/showthread.php?t=311281)

Yappi 03-05-18 03:31 PM

How much do Uber drivers really earn?
 
Anyone ever drive for one of these companies? Does their report sound right?

Quote:

Driving for Uber or Lyft is often held up as a model for how the "gig economy" is creating opportunities for workers to, as Uber puts it, "earn what you need." And so it is if you don't need to earn very much, new research suggests.

Drivers for the two biggest ride-sharing companies earn a median profit of $3.37 per hour before taxes, while almost three out of four drivers make below the minimum wage in their state, according to a study published by MIT's Center for Energy and Environmental Policy Research. The study, based on a survey of more than 1,100 drivers, factors into its analysis expenses for vehicles, such as insurance and repairs.

Lyft said it hasn't had a chance to study the research, but added that it appears to show "some questionable assumptions." Uber took issue as well, describing the research as "deeply flawed."
Read more:
https://www.cbsnews.com/news/how-muc...s-really-earn/

14Red 03-05-18 03:33 PM

Oh boy, now we'll need to have a minimum wage for Uber drivers....

Neopolitan 03-05-18 06:00 PM

I don't see how their model is sustainable with human drivers. I assume they're making a bet on having the infrastructure in place and being the only ride-sharing app in town when self-driving cars become common place.

Crusaders 03-05-18 06:16 PM

If you want to work as a driver, you're better off signing up for one the food delivery services. In a major city they make $20 an hour. Can make an extra $10k just working weekends.

cabezadecaballo 03-05-18 08:02 PM

Quote:

Originally Posted by Neopolitan (Post 7002450)
I don't see how their model is sustainable with human drivers. I assume they're making a bet on having the infrastructure in place and being the only ride-sharing app in town when self-driving cars become common place.

I don't know.....they can get a lot of dummies to burn out their cars before they figure it out, and then new dummies step up to replace them. The growth may not be sustainable, but I'd think a plateau easily could be.

Stirred not Shaken 03-06-18 04:54 AM

Quote:

Originally Posted by Neopolitan (Post 7002450)
I don't see how their model is sustainable with human drivers. I assume they're making a bet on having the infrastructure in place and being the only ride-sharing app in town when self-driving cars become common place.

Self driving cars are not too far away. GM is planning on having a fleet of self driving cars available next year. The NHTSA predicts that all new cars by 2025 will be autonomous.

buckeye53 03-08-18 02:29 AM

Got a friend that drives for Uber, in the Phoenix area. He works from 6 to around 10 am, averages around $100.00 a day.

cabezadecaballo 03-08-18 05:34 AM

Quote:

Originally Posted by buckeye53 (Post 7004598)
Got a friend that drives for Uber, in the Phoenix area. He works from 6 to around 10 am, averages around $100.00 a day.

So, that's gross income, right ?

what kind of car and what year ? Average weekly miles ? How much is gas ? Insurance cost ?

cabezadecaballo 03-08-18 05:38 AM

Quote:

Originally Posted by Stirred not Shaken (Post 7002678)
Self driving cars are not too far away. GM is planning on having a fleet of self driving cars available next year. The NHTSA predicts that all new cars by 2025 will be autonomous.


And you guys see robo-car uber on the horizon ?

And what does the autonomous tech add in cost ? Cost recovery amortization ?
More or less to insure ? Bluetooth-based tech to interact with a rider's phone to secure payment ?

eastside_purple 03-08-18 08:15 AM

Quote:

Originally Posted by cabezadecaballo (Post 7004615)
So, that's gross income, right ?

what kind of car and what year ? Average weekly miles ? How much is gas ? Insurance cost ?

Lol. Weirdo

eastside_purple 03-08-18 08:16 AM

Quote:

Originally Posted by cabezadecaballo (Post 7004616)
And you guys see robo-car uber on the horizon ?

And what does the autonomous tech add in cost ? Cost recovery amortization ?
More or less to insure ? Bluetooth-based tech to interact with a rider's phone to secure payment ?

Lol.

chs1971 03-08-18 08:48 AM

If this driverless thing succeeds it is going to put a lot of people out of work.

Neopolitan 03-08-18 09:29 AM

Good. No one is entitled to a job at the expense of society moving forward.

cabezadecaballo 03-08-18 09:38 AM

Quote:

Originally Posted by chs1971 (Post 7004688)
If this driverless thing succeeds it is going to put a lot of people out of work.

UBI is coming....

cabezadecaballo 03-08-18 09:41 AM

Quote:

Originally Posted by Neopolitan (Post 7004744)
Good. No one is entitled to a job at the expense of society moving forward.

As technology eliminates more and more jobs, what we really need to do is to continue to incentivize out-sourcing of jobs and encourage more immigration of unskilled people. What could go wrong ?

Neopolitan 03-08-18 09:45 AM

Or people could acquire skills that are useful and in-demand, rather than thinking they're entitled to employment simply for breathing.

chs1971 03-08-18 10:19 AM

Eventually most will all be reduced to doing rich people's laundry.

Crusaders 03-08-18 10:47 AM

Quote:

Originally Posted by Neopolitan (Post 7004755)
Or people could acquire skills that are useful and in-demand, rather than thinking they're entitled to employment simply for breathing.

This is simply not a reasonable solution unless you're willing to euthanize anyone with a sub 150 IQ.

eastside_purple 03-08-18 10:49 AM

Chicken little stuff from weirdo and saders, hilarious.

queencitybuckeye 03-08-18 10:53 AM

Quote:

Originally Posted by Crusaders (Post 7004797)
This is simply not a reasonable solution unless you're willing to euthanize anyone with a sub 150 IQ.

Nonsense. There are literally millions of good jobs going unfilled today. Too many people being pushed into colleges studying Lesbian Dance Theory and the like with no marketable skills whatsoever. Yet another problem caused by big government solutions (cheap guaranteed loans).

Neopolitan 03-08-18 10:57 AM

Quote:

Originally Posted by Crusaders (Post 7004797)
This is simply not a reasonable solution unless you're willing to euthanize anyone with a sub 150 IQ.

You don't need a 150 IQ to have in-demand skills. Christ :laugh:

IcyCoolDevil 03-08-18 11:00 AM

I drove for Uber for a few months after losing a job. It paid me more than unemployment and kept food on the table, but didn't cover much more than that. There is a lot of misinformation in that report. You can make a better than minimum wage living and avoid some tax liability at the same time depending on how good you are at bookkeeping. The most accurate line in the report is the average earning is probably $0.59 per mile and the IRS allows for $0.54 of that to be exempted. However, there are huge differences in how much the base rate is in different regions of the country. The higher pay rates are in cities like Boise, ID and Denver CO where there is not a saturation of drivers and the rates are lower in say Philadelphia and Washington DC where there are more drivers. The hours you are willing to work can make a difference too. In Nashville, you can make a good week's wage by driving from 10 PM to 3 AM Thursday through Sunday, because as the demand exceeds supply there are multipliers to the rate. Additionally, there are bonus payments for having to clean puke out of your backseat!

Crusaders 03-08-18 11:02 AM

Quote:

Originally Posted by queencitybuckeye (Post 7004803)
Nonsense. There are literally millions of good jobs going unfilled today. Too many people being pushed into colleges studying Lesbian Dance Theory and the like with no marketable skills whatsoever. Yet another problem caused by big government solutions (cheap guaranteed loans).

1. Talking about the future.
2. Those jobs go unfilled mostly because they don't pay well enough for anyone who isn't used to third world conditions.
3. The Mike Rowe jobs that are available are so well paid today because of the labor scarcity. You can't flood the labor market with talent and then expect wages to stay high.

Crusaders 03-08-18 11:04 AM

Quote:

Originally Posted by Neopolitan (Post 7004808)
You don't need a 150 IQ to have in-demand skills. Christ :laugh:

Wow. I haven't seen someone completely miss the point that badly since slideby was around. Jesus :laugh:

Neopolitan 03-08-18 11:08 AM

Nice attempt at deflection from the dumb 150 IQ comment.

eastside_purple 03-08-18 11:14 AM

:laugh:

IcyCoolDevil 03-08-18 11:15 AM

There will also be new jobs available for autonomous vehicles. Who will service, tow, fuel, clean those vehicles? Those are multi-tasking skills for today's Uber 'drivers'.

Crusaders 03-08-18 11:18 AM

Quote:

Originally Posted by Neopolitan (Post 7004824)
Nice attempt at deflection from the dumb 150 IQ comment.

Because the point was based on a completely accurate IQ score cut-off :laugh:

Crusaders 03-08-18 11:18 AM

Quote:

Originally Posted by IcyCoolDevil (Post 7004835)
There will also be new jobs available for autonomous vehicles. Who will service, tow, fuel, clean those vehicles? Those are multi-tasking skills for today's Uber 'drivers'.

No chance for a net gain in jobs. We won't have twice the cars on the road and the people who service cars now will service cars then. Somehow have to find a way to make up for the loss of hundreds of thousands of truck driving jobs.

eastside_purple 03-08-18 11:27 AM

Quote:

Originally Posted by IcyCoolDevil (Post 7004835)
There will also be new jobs available for autonomous vehicles. Who will service, tow, fuel, clean those vehicles? Those are multi-tasking skills for today's Uber 'drivers'.

No, just a loss of jobs, no new jobs can ever be created.


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