"Lyft cannot afford to pay its drivers a living wage, or it would “absorb enormous losses.”
This is a remarkable argument for a company to make about its own business model in a court filing. Essentially, it is describing the exact logic people have been using to warn that the other shoe will eventually drop on ride-hailing apps: it’s not a good business."
https://jalopnik.com/lyft-was-full-of-shit-and-now-its-stinking-rich-1833669329