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submitted 1 year ago by haxor@derp.foo to c/hackernews@derp.foo

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[-] autotldr 16 points 1 year ago

This is the best summary I could come up with:


Today in clueless rich guys, we have Uber CEO Dara Khosrowshahi, who was stunned to learn how much it costs to take a three-mile ride in New York City using his company's app.

In a wide-ranging interview with Wired, Khosrowshahi was veritably stunned when the reporter questioning him asked if he knew how much a ride in the Big Apple costs.

"I traveled 2.95 miles in an Uber to get here today," the reporter, Steven Levy, asked the CEO.

As the back-and-forth continued, the journalist got Khosrowshahi to admit the reason for ever-increasing Uber prices: inflation, that old scoundrel.

Combined with drivers' responsibility for most of their gas and maintenance, that makes their piece of the pie a lot smaller.

As Wired noted after the CEO's comments, reports indicate that Uber fares have risen four times faster than the rate of inflation — but then again, the man doesn't even know how much it costs to get an Uber ride in New York.


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this post was submitted on 07 Aug 2023
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