Yes, please keep repeating this to us as though we're idiots who have never heard of supply and demand, and as though we haven't heard this explanation from Uber defenders a thousand times before. And definitely don't consider the possibility that we understand this reasoning and still find it unsatisfactory.
Snark is deprecated here, so please don't do this. Instead, if a comment is annoyingly missing something important, wait for the annoyance to subside, then neutrally say what they're missing. Otherwise the discussion just degenerates.
If you don't say why you find this argument unsatisfactory then we'll be compelled to assume that you just don't understand supply and demand, just like SF NIMBYs.
You can't know how surge pricing actually works, because Uber's algorithm is proprietary. It could work in theory but not work in practice - people usually report they can beat surges by walking a block or switching to Lyft, and maybe drivers don't care about a 1.2x price surge or can't hear about it in time?
