The question to me is to what degree gig businesses would be destroyed if this bill got passed in a few states including CA. I've commented before that Uber and Lyft prices have already gone up noticeably over the last two years to the point where I think twice about taking one vs. driving or waiting for a bus. And that's with per-ride revenue already likely below cost. AB 5 seems like it would increase that cost at least 20% more just to cover all the new employee overhead, even if wages were kept at local minimums.
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The question to me is to what degree gig businesses would be destroyed if this bill got passed in a few states including CA. I've commented before that Uber and Lyft prices have already gone up noticeably over the last two years to the point where I think twice about taking one vs. driving or waiting for a bus. And that's with per-ride revenue already likely below cost. AB 5 seems like it would increase that cost at least 20% more just to cover all the new employee overhead, even if wages were kept at local minimums.