Net negative. Long term it's gonna be net negative due to lower competition, as now there are usually only 2 players in town. Inevitably they are going to raide prices for customers and reduce earnings for drivers
Compared to taxis? Well I guess it depends on where you live, but I wouldn't' generally agree.
It's also a highly commoditized market with little real barriers to entry (at least on the local level) and drivers/users can pretty much instantly switch to a different app so I think it will be reasonable hard for Uber/etc. to do that without someone undercutting them.
> due to lower competition
Still better than no competition and prices being set by a legal cartel (i.e. how taxis worked/work in many places)
Compared to taxis? Well I guess it depends on where you live, but I wouldn't' generally agree.
It's also a highly commoditized market with little real barriers to entry (at least on the local level) and drivers/users can pretty much instantly switch to a different app so I think it will be reasonable hard for Uber/etc. to do that without someone undercutting them.
> due to lower competition
Still better than no competition and prices being set by a legal cartel (i.e. how taxis worked/work in many places)