Why stop at Uber drivers? Why don’t the California regulators just regulate away all jobs that don’t pay a livable wage? Why don’t the California regulators just raise the minimum wage to $90k a year?
Like I mentioned in the post above, regulations don’t exist in a vacuum, just because you say something should be a certain way doesn’t mean it will be. There are costs, and Uber and Lyft have determined that it’s not economically feasible for them keep operating in California under those regulations.
If we’re ok with California regulators dictating what jobs should exist regardless of what the market can support, then this is the result.
Like I mentioned in the post above, regulations don’t exist in a vacuum, just because you say something should be a certain way doesn’t mean it will be. There are costs, and Uber and Lyft have determined that it’s not economically feasible for them keep operating in California under those regulations.
If we’re ok with California regulators dictating what jobs should exist regardless of what the market can support, then this is the result.