The Uber Bubble
The piece is exactly right. Uber is effectively an instrument to shift economic gains from labour to capital by atomizing the workforce. From a macroeconomic perspective this is terrible because turning taxi firms into countless of one man businesses provides no efficiency gains, it's basically reverse economic development.<p>There is a version of Uber that actually makes sense. As a lean SaaS company that sells its software  to ordinary taxi companies, takes a cut and makes a profit. Which is basically how they operate in Spain because Spanish law has not tolerated Ubers attempts to capture markets.