It’s Like Uber But for the Dispossessed
Holly Wood, PhD 🌹
29119

I can (and partly do) share your vision but I also can understand the “rich kids”. The internet technology allows to smartly redistribute ways of earning money (taxi, hotel, B&B).

This has very naughty side-effects. The existing owners of the market get the feeling of being “fucked”, often rightly: they had to invest work, time and money to get access to the market. And their source of revenue is shrinking. Moreover, the organizers of this shift take a significant share of the cash flow. An indecently scaled one, considering their contribution. They just have the capacity of doing it. Winner takes all. Big money flows to already exceedingly rich hands.

But there are also good things. First, it leads to a better usage of resources. When someone travels from LA to SF, alone in his car, he/she is now able to increase the efficiency of fuel/car usage by carrying more people. Same for empty rooms. Looks good. Furthermore, people that now access these markets are people that had no way of accessing it before. Because they were unable to invest money (or time). Small money flows to poor hands that need it.

Overall, this is the same general trend we are seeing everywhere: money flows to the extremes. Very poor people are getting very small money — and this is an improvement over no money — and very rich people are getting very big money while people in the middle feel rightly “fucked”.

A smart person would find a way to preserve most of the good and remove the bad. It seems simple and yet extremely difficult to do: some of the big money flows in the wrong hands. It’s not a moral question, it’s a question of justice and social peace.

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