Uber may kill surge pricing. Don't start cheering just yet.

It might be good for riders, but it's absolutely terrible for drivers

Eliminating price surging would hurt Uber drivers' pockets.
(Image credit: Ikon Images / Alamy Stock Photo)

Everyone knows about Uber's surge pricing. And it isn't exactly popular. Now, according to NPR, the company is working on a way to get rid of the model. The wrinkle is that some of Uber's own drivers are the ones wishing it would stick around.

To review: Surge pricing is an algorithm Uber uses that increases the cost of a ride in a particular area when demand for rides in that area goes up. In more dramatic moments when demand increases a lot — a snow storm in New York City and an armed hostage crisis in downtown Sidney are two real-world examples from recent years — the price can go up four or eight times its normal rate.

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