NYU Professor on Uber/Lyft's Bumpy Recovery

The video discusses the impact of the pandemic on the economy, focusing on companies like Uber and Lyft. It examines their recovery in the ride-sharing market, the current trends in transportation, and the challenges of pricing and driver shortages. The video also explores Uber's expansion into local commerce and the effects of price increases on driver earnings.

What was a significant benefit for Uber during the pandemic?

• Partnership with Lyft

• Increased ridesharing demand

• Growth in food delivery business

• Expansion into new cities

What is one reason some people have shifted from mass transit to ridesharing services?

• Better availability of ridesharing vehicles

• Increased safety measures in ridesharing

• Reduced traffic on streets

• Lower cost of ridesharing

What has been a major challenge for Uber and Lyft in recent months?

• Competition from new ridesharing companies

• Shortage of drivers

• Regulatory issues

• Decline in customer demand

How has Uber attempted to expand its business beyond ridesharing?

• By partnering with airlines

• By offering discounted rides

• By acquiring a local commerce company

• By launching a bike-sharing service

What is a potential market opportunity for Uber mentioned in the transcript?

• International expansion

• Luxury ride services

• Local commerce delivery

• Electric vehicle integration