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by dylanjermiah
4002 days ago
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Transportation being cheaper and more efficient means people save time and save money. Uber has also allowed hundreds of thousands of people with an income source.
_That_ is a convincing argument to me. "Actually compete with existing taxis" They are competing, Uber is doing 3-5x more rides in SF than the taxis as a whole were doing before Uber. That's without including Lyft. So they're expanding the market, meaning more people can afford to pay for transportation. |
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Given that they had the choice between acting and probably-illegally, I can find no reason to act questionably except profit expectations. This in turn means that Uber can reasonable be expected to have come to the conclusion that their technological innovations alone do not provide sustainable growth in the taxi market.