Many tech companies are really only ‘TCNO’ companies (‘tech companies in name only’)–the technology exists to lower directly or indirectly lower wages while hoovering up all the profits for the bosses.
Same as it ever was.
In this article about the car ride company Uber’s bad New Year’s Eve in San Francisco, there was this little gem (boldface mine):
“There should be some regulation on the numbers of drivers you allow to Lyft,” another commenter wrote. “Otherwise it may seem that you are taking advantage of the fact that we are not paid salaries, and you reap the benefits regardless if it effects us.”
Regulations don’t limit the number of cars Uber or Lyft can allow on the road. They only limit the amount of traditional taxis.
“When there is oversupply, as we see with [Uber and Lyft], more and more drivers are competing for the same number of riders,” Trevor Johnson, a cab driver and former taxi official, told The Examiner.
Among other reasons, government regulates the number of cabs, he said, “to ensure living wages for all drivers.”
It would appear that how big a fan you are of the ‘sharing’ and ‘connecting’ economy you are has to do with how much lower wages help or hurt you. Oddly enough, many technobrat pundits love Uber and Lyft. Go figure.