Uber’d by Eschaton.

Just spitballing here, but what if there’s so much capital sloshing about that Uber’s VCs backed it as a form of social engineering: To destroy public transportation, increase traffic, degrade employment law, pioneer an immiserated labor force of gigsters, and so forth. What’s not to like? Uber’s inability to ever turn a profit would have then been a secondary consideration, and Uber a sort of hobby farm for the 0.1%. Oh, and Uber (along with Facebook) pioneered the idea that “move fast and break things” applies to the law, as well. And what’s wrong with freeing capital from such antiquated fetters?

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