It’s definitely the invisible hand of the market at work here and not the massiv... | Hacker News

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		cranky_coder on Jan 10, 2020 \| parent \| context \| favorite \| on: Uber stops upfront ride pricing in response to Cal... It’s definitely the invisible hand of the market at work here and not the massive amounts of marketing subsidies being thrown at the product. That’s why Uber is posting so much profit each quarter, right?

perpetualpatzer on Jan 10, 2020 [–]

You make a good point, that current market pricing may be deflated by Uber's willingness to realize losses in ride sharing.

I think it would have come across more clearly and been better received if you'd made that point directly rather than ironically.

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