[asphaltgambler]

My understanding when Uber started out the pay to the drivers / owners was pretty good as their business model was catering to the people who wanted a better, more personal convenience experience than a 'cab' but not as formal or pricey as a 'car service' So they found a huge niche between these 2 tiers of transportation service.

BUT, as demand grew Uber wanted a larger share of the market - they started to cut prices. Now the drivers make anywhere from 30% to 45% less than a few years ago trying to compete head-to-head with cab services. They know they can do this as the economy is still faltering, a lot of people are either un-employed or under employed and will do this out of necessity.