The Gravel Institute
The Gravel Institute
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How Uber Is Scamming You

Posted

May 28, 2021

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The ride-hailing company Uber is everywhere: it has rapidly become one of the most ubiquitous corporate entities in the United States. But beneath all of its bluster, Uber has a big secret: there’s no profit, no gains in efficiency or effectiveness, and, above all, no innovation. Simply put, Uber is one of the biggest scams in American economic history. And it’s not just scamming its investors (although it definitely is): it’s scamming you – its users – and, most of all, it’s scamming its drivers. While they get rich, you get ripped off. Edward Ongweso, Jr., technology reporter at VICE News, explains.

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ERRATA: at 2:55, it should read "foreseeable."

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Production Designer: Gabriella Moses

Key PA: Molly Pelavin

Guests & Subjects Covered

United States ButEdward Ongweso JrVICE News

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How Uber Is Scamming You · The Gravel Institute · Sentinel