4.5 • 705 Ratings
🗓️ 4 February 2019
⏱️ 10 minutes
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0:00.0 | Welcome to Axis ProRata, a podcast that takes just 10 minutes to get you smarter on the collision of tech business and politics. |
0:07.3 | I'm Dan Premack. On today's show, what Super Bowl ads taught us about big tech and the fallout over President Trump's executive time. |
0:15.3 | But first, all hail breaks loose with Uber and Lyft drivers. Last week, dozens of Los Angeles ride hail drivers |
0:22.1 | protested outside the local office of California Governor Gavin Newsom, delivering what they |
0:26.6 | called a driver's bill of rights. It's reminiscent of what we've seen elsewhere in the country, |
0:31.8 | demand that drivers get a bigger cut of rider fees and more transparency and protections |
0:36.4 | around when drivers are kicked off |
0:38.3 | or suspended from the platforms. |
0:40.5 | There's also nascent interest in unionizing drivers nationwide. |
0:44.9 | Now to be sure, this plays into a much broader political movement surrounding workers' |
0:48.7 | rights and income inequality, particularly from the Democratic Party's insurgent progressive |
0:52.9 | flank. |
0:54.0 | And there has been some |
0:55.0 | legislative action taken, such as what basically amounts to a minimum wage for drivers in New York City. |
1:01.0 | It also comes just as Uber and Lyft are preparing to become publicly traded companies via IPOs, |
1:07.0 | most likely before this summer. |
1:09.0 | Now, neither company is overall profitable, and the Los Angeles driver demands would effectively have lifts per ride revenue and cut Uber's by 60%. |
1:18.6 | The bottom line is that gig economy workers have become such an established part of America's labor market that they're beginning to flex their muscles. |
1:25.6 | At the same time, though, such flexing could cause |
1:28.5 | companies like Uber to accelerate their own development of technologies like autonomous driving, |
1:33.3 | which would leave these same drivers out in the cold. In 15 seconds, we'll go deeper with an organizer |
1:38.7 | of those Los Angeles protests. But first, this. Axios chief technology correspondent, |
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