RSG 143: Uber’s CEO on Pivot Schooled – My Reaction

I recently listened to an interview on the Pivot Schooled podcast with Uber CEO Dara Khosrowshahi – it was a very good interview! Today’s episode is going to be a little different – I’m going to play parts of the Pivot Schooled podcast and provide my comments. Hopefully, you like this different format – let me know either way!

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Intro to This Episode

  • Scott from Pivot Schooled is not a fan of the gig economy!
  • How could this go?
  • This was a combo interview – previous interview also commented on gig economy
  • This episode was recorded pre-Uber potential shutdown in  California

How Do Drivers Feel About AB5?

  • Some people prefer to pretend drivers don’t understand questions about AB5
  • Those questions are simple – do you want to be an employee or IC?
  • Don’t pretend like the drivers ‘don’t understand’
  • Govt bailed out gig workers – drivers aren’t seeing the flaws of the gig economy

Income Inequality and Uber

  • Scott’s figures for driver income sounds about right – there is variability though
  • Total agreement on this point – in the real world, employee-jobs don’t offer a ton of flexibility
  • Dara knows a lot about the driver experience

Uber’s Ultimatum

  • Uber and Lyft have known since January that they need to classify drivers as employees
  • Didn’t have to happen like this, even though Uber/Lyft did get a stay
  • Doesn’t agree when Uber says things like this, or ‘the market sets the rate’ – not quite true

Acquisitions & Reader Questions

  • Discusses Postmates acquisition and, in general, profitability of delivery
  • Driverless cars? Very hard tech to build
  • Dara might be saying they messed up – there’s no way this is close
  • 3-5 years until you begin to see anything even basic

Outro

  • Fun format – thanks for sticking around and taking a listen!
  • What do you think of the format of this episode? Like it or not? Let me know!

Show Notes