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- When accounting for the ride-sharing company’s commissions and fees, vehicle expenses and a modest health insurance package, Uber drivers end up earning just $9.21 in hourly wages, according to a new study from the Economic Policy Institute, a left-leaning nonprofit think tank based in Washington, D.C.
Notes: There is a large disparity between the findings of this study and the one mentioned above, but either way, it seems that drivers for these companies are making a pittance.
- The researchers found profit from ride-hail driving to be “very low”. On an hourly basis, the median profit was $3.37 per hour, with 74% of drivers earning less than the minimum wage in the state where they operate
- “These business are built on situations in the market that are not realistic,” he tells TechCrunch. “They took advantage of a hole in legislation… Governments let that happen.
- “A new report by our partners at HealthyStuff.org out today exposes a danger at many checkout counters—toxic receipts. They found toxic bisphenol A (BPA) or its chemical cousin bisphenol S (BPS) in 93% of the receipts tested.”
- “These chemicals are endocrine disruptors that mimic hormones like estrogen and thyroid hormone, disrupting the body’s normal functioning. Studies have found links between BPA exposure and numerous health problems like breast cancer, prostate cancer, diabetes and obesity.”
- “…the chemicals can easily transfer to anything a receipt touches—your hand, the money in your wallet or even the groceries in your shopping bag. Several studies have found that handling receipts, even briefly, leads to significant BPA or BPS absorption into the body.”
- For the above reasons, I try to never touch receipts, and wash my hands after every time I do.
- If you know someone who handles receipts on a frequent basis, such as a cashier at a grocery store, please give them this information and ask that they wear gloves while doing their work.
- If you can, pressure businesses to switch to digital receipts, or receipts printed on phenol-free paper.
Khalil’s response to the question “What was the defining moment in your life”:
- “When I was 34 years old and eight months newly sober, my mother called to tell me she had cancer. I was homeless, completely broke, a high-school dropout, and a convicted felon. There was no way I could help her. That was the lowest point of my life.”
- “I can’t type or spell. I have mild dyslexia and ADHD. I stopped going to school regularly in sixth grade and dropped out of high school. Yet, I’m the CEO of a successful company.”
- “I care about pure, authentic self-expression.”
- I’m currently reading Khalil’s book “I Forgot to Die.” It’s incredibly raw, and incredibly good.
A non-invasive alternative to neuralink (A brain machine interface company I wrote about in this post)
“A soul becomes dyed with the color of its thoughts.”
– Marcus Aurelius
“Every particular in nature, a leaf, a drop, a crystal, a moment of time, is related to the whole, and partakes of the perfection of the whole.”
– Ralph Waldo Emerson