The Rideshare Guy: How Uber Drivers Make Money—and When Robotaxis Take Over

So we try to give 99% of our content for free and monetize it in other ways.

Do you syndicate in other languages?

We've tried.

I think we do have a rideshare guy, an Español YouTube channel.

So I think YouTube, as you guys know, does a lot of- Mechanical translations.

Yeah, a lot of help with translations.

And I think it makes a couple bucks, but it probably makes more than it costs us, but it definitely...

I can't recite the numbers, so it probably isn't a ton.

This is fascinating.

Yeah, wow.

So, okay, let's jump to the now, because I have a ton of questions that you've unearthed in just explaining what you do and how you do it.

what is the size of the of the current um i don't want to say gig economy because i'm not i'm not all that interested in stuff outside of the vehicle stuff but let's just say uh delivery how many drivers are we talking about in what's your specialty u.s or north america yeah

u.s

u.s what's the how many do you estimate how many drivers was this their main source of income

Well, all right, so that's a loaded question, but to answer it simply, I would say that very few drivers actually rely on it for their main source of income.

So maybe only a few hundred thousand drivers are doing Uber and Lyft full-time for their full-time income.

And why is that?

Because like a taxi driver, it's their full-time job usually.

Usually, yes.

Why? They have to provide their own car.

It's just too expensive.

So I would say it's by the nature of the work.

I mean, first of all, think about Uber and Lyft have always advertised or talked about the job as flexible, easy to start, drive as much as you want or as little as you want.

I've never seen an ad, drive for Uber, come sit in your car for 60 hours a week and grind it out to the bone and pay $500 a week to rent a car.

all the bad sides of things.