Uber, DoorDash and Grubhub are suing for an injunction to stop New York City’s new $18 minimum wage law for food delivery app workers…
Uber, DoorDash and Grubhub are suing for an injunction to stop New York City’s new $18 minimum wage law for food delivery app workers…
They need to be out competed with less predatory offerings.
Which is about to become trivially possible at a fraction of their startup costs over the next few years.
I cannot recommend enough to people worried about the future of AI on economics to read the essay “The Nature of the Firm” from the 30s and think about what happens when AI drives transactional costs to zero.
The enshittification of corporations right now is like the black plague preceding the Renaissance.
Oh, oh, I know this one - record profits and C-suite bonuses!