Lyft’s Algorithm Is Completely Broken

本站添加: 2026-05-10

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[00:00:26]Download Solo and begin to work smarter, not  harder today. Link is in the description. All right, let's get back to it. Let's talk about  Lyft's algorithm is as busted as Ubers. Okay, so look at these two trips, right? So um a viewer,  obviously a driver sent me this. He go, Sergio, make sense of this. And then my response to  him was, "Nobody knows how the algorithm works.

[00:00:52]You're expecting me to tell you how this thing  makes sense or try to make sense of this for you, Mr. Driver? Uh, no. I I can't. He goes, "These are  basically very similar, almost identical trips, right, Chris? I mean, look at it." Yeah,  they are 3 minutes some one mile to pick up, three and a half minutes on the right side. Five  five and a half minutes to pick up 1.18 miles.

[00:01:18]Pretty similar pickup drop off. Um, mileage the  same, 4.2 mi, 7 1/2 minutes. On the other one, looks like there's some traffic again. 4.16 mi,  very close to 4.21 miles, 16 minutes.50. Okay. So, if anything, the trip on the right should be more.  [laughter] Mhm. So, here you go. Look at the one on the left, folks. They ripped They ripped a  rider. Good one on that one. [laughter] Uhhuh.

[00:01:49]Yeah. So 40 $41 they charged a rider on that  one. That's you know what that means? They they they literally charged them $10 a [ __ ]  mile, man. And they said taxis are dead, bro. That's insane. Like how much are cavs? 260  275 a mile, something like that. Um it depends.

[00:02:07]Like they have like they do like every quarter  mile or time wise. So it's Yeah. Yeah. And then they have like every whatever. But but I mean,  let let's just let's just go with the with time included. Let's just say it's like $425 a mile  for a cab versus uh uh one of these. Holy crap.

[00:02:27]$10 a freaking mile to pay. Okay, so this is when  this is when a subscription model would be perfect for the drivers, right? If there was an app, this  rider would have probably gotten this chip for 25 instead of 40 and the driver would have made that  25. You know what I'm saying? Subscription. This would have worked. But either way, so so  yes, the the one the one ride on the left, the driver ended up making $22 on that, which is  great. Yeah. Hell yeah. And then the the one on the right which is you were actually a little  bit longer in time but it was uh and you know if you add up 0 n6 and 4.21 versus 1.18 and 4.16  meaning the the pickup to drop off uh I mean to the pickup and then to the drop off um then yeah  $22 on the one trip and $1042 on the other trip.

[00:03:26]search. How do you 50% difference right there or I  mean 100% difference right there. 100% difference.

[00:03:32]Um for the same practically the same miles and  pickups and the one that he got paid 50% less.

[00:03:39]You spent 20 minutes driving versus 10 minutes on  the other one. Yep. Oh, and and don't forget both those rides are in poverty mode. Y I mean priority  mode. That's one problem. That's one problem. But he was like, "How does this make sense?" So now  I'm looking at this and I go, "Oh, so that's what lifts, you know, lifts just goes, okay, the more  we charge the rider, it all starts there. The more we charge the rider, the more we pay you, which  is fair. I think it's cool, right? I wish Lift Lift ripped off every rider, but they wouldn't  have any business." But this was crazy, though.

[00:04:15]This is nuts. 50% difference for the driver  and just about 50% difference for the rider.

[00:04:23]So, yep. Algorithmic discrimination, you want  to say because if you look at the external fees, Chris, right? Pretty similar, right? Yeah. 775  to81. So, about a dollar when it comes to Yeah, because it was longer. No, no, I'm sorry. Hold on.  Hold on. I'm sorry. I I He had it broken down. So, it's 775 for the auto insurance, but forgot  taxes. So, uh 775 plus 250 is 1025. So, 1025 8.81. I mean it's it's not much different. Um  well if you just the lift fee was 873 to 471. So that that's about a a half right there. Yeah. So  uh yeah but I I was like and my answer was I don't know if anybody knows. Well I'll tell you the the  the 844 trip the left one that's what we call a uh magnificence. Let's get that one. That is one you  accept. The one on the other side. I mean for I mean depending on how you're doing it. I mean it's  it's still not bad. Neither one of them are bad paying. Well, no, but if you do the ones on the  left all day and that's in priority poverty mode, like you said, that's in poverty mode. Imagine  if that was not poverty mode. What would that Oh, it it would probably be the same price. What do we  You think so? Yeah. No, they they cut what is what is poverty mode? 10% or 15% they cut or something  like that? I don't know. Yeah. All the numbers are arbitrary to begin with, so I don't know. Well,  we have the new I saw I watched your video today that came out on the new uh 7030 off the top. Yep.  Yeah. You guys need to watch his video that came out today. Boy, did live pull a fast one on all of  you. You pulled a fast one on me for pulled a fast one on both of us because it didn't make it into  the first video. So, I had to make up a follow-up video talking about that. I even went back to  Lift because Lift sent it to me. I go like, "Oh, it's just going from a week to a month." I  didn't even catch it [snorts] until the show and then I'm like, "Huh, hold on a second." Yeah. Uh  yeah, that was You guys better be I I'm looking forward to receiving some when that kicks in. I  think May 1st is kicking in, right? Yeah. When the new 7030 kicks in. What? Friday. Yeah. So, lift  is taking. Yeah. you're we're not going to be able to get anything into. I mean, keep taking your  screenshots. Trust me, it's going to be a pain in the ass to track for an entire month, but keep  taking those screenshots. See if those numbers change still. Um hopefully they don't. Hopefully  they're they're they're putting some some change in. They will. Well, I mean, the difference  between the the external fee and the lift fee, I hope those don't continue changing. Oh, don't  that we're going to find out. But still keep taking screenshots of receipts because starting  May 1, that's going to look different as well.

[00:07:12]And if you had kept some, compare it to what you  had before, the new 7030 versus the old 7030. Oh, yeah. Yeah. Now, like for example, on these two  trips, Chris, right, with the new 7030, just put that up for one more second. Um, the the two lift  chips. Okay. So, 30% of 41 is going to go off now.

[00:07:32]You know what I mean? Yeah. Look what's happening  to Lift's number. That's $12 Lift is going to take. Well, that's that's what they that's what  they could take up to up to. So, so that Yeah, that's the whole and that's that was kind of  the point that I was making. They say right now currently it's at 14%. So, they that's like a  great number to to to be able to start at because now we know that their take rate is what they  claim on average at 14%. if they start creeping up to 20, 25, 30, you know, boiling a frog in and  water uh versus boiling boiling it slowly. Um, so are they going to go from 14 to 30 or are they  going to go, you know, over time? So, we'll be able to at least keep track of that and then, you  know, this time next year be able to look back and say, okay, are is Lyft actually still holding true  at that 14%. Or are we seeing something like 20%.

[00:08:28]Because even a 14 to 20% change, you know,  that's a huge huge number. 6% change is massive when you're doing so many trips like they are. So  maybe maybe time to buy lift stock. I don't know.

[00:08:41]So [laughter] I don't know. It's a it's a public  company, folks. So start sending me screenshots after May one with the new 7030 rules, okay? You  don't have to wait for the top off just to see how receipts are looking because I have plenty of  receipts like this from the old 7030. Send me the start sending me screenshots when lift starts  taking up to 30%. Off the top right off the top what the rider fair is. It's trading at 1422 right  now. 142. Yeah. Well, you know, maybe it's like semi It's like semibargain if you're looking  at it that way. Well, I I think so. I mean, if their take rates going to take off, uh I mean,  yeah, look at what happened look at what happened with Uber when their take rates started going  up after upfront fairs. We've shown that with uh we've shown that with Len coming on. We've shown  that with uh uh Grid Wise's data. So, nobody Let's move on. Yeah. Nobody Look, nobody says you guys  cannot uh buy Lifttock. There's no restriction on that. Okay. All right. Thanks for watching. And  that short little clip was from our live stream, Show Me the Money Club with Sergio and myself.  Tuesdays, 600 p.m. Eastern, 3:00 p.m. Pacific.

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