Researcher Says 'Criticism Is Valid,' Will Revise Study Finding Low Uber And Lyft Pay
MIT researchers initially said Uber and Lyft drivers were earning a median profit of $3.37 an hour. After Uber criticized the methodology, a co-author says it could actually be $8.55 to $10 an hour.
A researcher at the Massachusetts Institute of Technology says he's revising a study he co-authored after admitting that "criticism is valid" of initial findings that Uber and Lyft drivers are making a median pretax profit of $3.37 an hour and a vast majority are making less than minimum wage.
Uber said the working paper had "a major error in the authors' methodology."
Using one new method of posted to Twitter on Monday. And using another alternate method, the median profit goes up to $10 an hour.
