Can Uber Make Money and is it Good for the Economy?

Uber’s lack of profitability raises serious ethical, financial, political, and social questions.
 
For instance, the average American Uber driver makes around $20,000 a year, Recode calculates. Hence, the average American Uber driver makes $11,066 less than the Real Median Personal Income in the United States.

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Some Actual Proof Uber Makes Money

One strong possibility is that Uber will never get more than a 5% market share because it offers a rather specialized service that only appeals to certain individuals. Another is that Uber has a much harder time competing with traditional cab companies than we have been told.

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