I agree that Uber’s business model is fraught with problems.

I agree that regulation is inevitable for Uber, and the competition will force cab companies to improve and adopt similar features. Uber still gains the edge, though, I think, in their ability to meet transient market demand in real time without adding a nickle to their costs. They do not sit on idle inventory, as they’ve outsourced all of the vehicles to their drivers. Unless new regs force them to take on more capitalization risk (e.g. own more of the vehicles themselves) then a traditional fleet would seem to be at a disadvantage.

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