The taxi industry has existed for a long time with a lot of the regulations that people are trying to force onto Uber. But drivers flocked from taxis to Ubers as soon as that option became available. That suggests that at least for those who've opted into Uber, Uber is preferable. Reducing the availability of that option (which is what these rules will cause) is going to hurt them, because the fact that they're doing Uber means that it was their best available choice.
1) It was VASTLY cheaper due to VC cash subsidy attempting to become the single monopoly. That's not an "efficient market"--that's predatory--and eventually the cities will have to deal with the aftermath in the cab system when Uber/Lyft collapse.
2) My feedback could hit the driver directly--so the failure modes of cabs were prevented (not picking people up, taking too long to pick people up, not driving them where they want to go, taking stupid paths, etc.).
>The taxi industry has existed for a long time with a lot of the regulations that people are trying to force onto Uber.
Not really. Most taxi drivers are 1099 contractors as well. They pay the dispatcher a cut of the fair for connecting them with the ride. They either own their cab and medallion, or rent them from the dispatch company.
It will be interesting to see if Cali prosecutors go after the dispatch companies the way they are going after uber and lyft.
