[braythwayt]

Underrated comment.

Sometimes, we disrupt a business, but fail to disrupt the underlying market forces that shaped the business in the first place.

I suspect that until we have robo-taxis, uber and Lyft can displace the existing taxi companies by being new and high-tech, but in the end they have the same market forces acting on their availability and pricing that act on taxi companies.

So they will wind up being the new taxi companies.

[icebraining]

Taxi medallions weren't imposed by market forces.

[neosat]

This ^. Taxi medallions were the opposite of letting market forces do their work.