Uber Posts $5.2B Loss and Slowest Ever Growth Rate
Glad they&#x27;re down, and hope the whole &quot;gig economy&quot; burns down too.<p>Where gig economy = padding the loss of decent jobs by replacing the bottom end with desperate deals where &quot;non employed&quot; employees, without regular salary, benefits, company provided work tools, etc., make a pittance, while the organizing company gets a cut from millions of transactions.<p>In some cases, no jobs is better than subsistence&#x2F;dead-end&#x2F;exploitative jobs. At least the former makes the problem evident, and ups the pressure to do something about it on a society&#x2F;policy&#x2F;economy level -- as opposed to helping perpetuate it.