Emeritus Prof Christopher May
Another week, another #BigTech (#gigeconomy) share buyback... this time its #Uber.
Ostensibly to help reduce stock dilution caused by stock awards to core staff (including the CEO), once again (as I've pointed out before), it shows that Uber's #business model is nothing to do with investment in #innovation & everything to do with #wagetheft & expoiting #workers.
Uber doesn't need any tech innovation or new kit, so investment not required; just keeps sh*ting on the drivers to make a profit!
Aral Balkan
@fkamiah17 @ChrisMayLA6 More than that: they’re exploited people and the environment, not just the workers. Even if profits were equally divided among everyone who works at ExxonMobil or Halliburton or Palantir or Facebook or whatnot, it wouldn’t make what those corporations do ethical or right. We really have to ask ourselves whether we want a system where more people benefit from injustice or one without injustice.
the trouble with mia :baner:
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