Uber is making billions by disrupting traditional business models. They profit by offering cheaper services than existing businesses. Investors have poured large sums of money into them — in Uber’s case, $4 billion(as of today) — even though they disregard the laws and rules in many of the communities they operate. Uber still considers itself a technology company but now falls under the umbrella of the Transportation Network Companies. Until today, Uber has taken the stance that it was a tech company, just an app and should be treated and regulated like a taxi. But that all changed as the company finally admitted it was in fact a taxi service! Hallelujah! Now they should fall under the same rules and laws of traditional taxi cabs,same cities same rules. No more of this unfair advantage. Uber also admitted that they did not in fact do background check outside of the U.S. not cool. They put people’s lives at risk for injury and worse. Now is the time to regulate them,make Uber drivers apply for medallion licenses, commercial plates,real background checks, proper insurance,etc. Again Same cities same rules and lets see how they fair or should say fare. But the question is will this happen? Uber raises Billions so it doesn’t happen and hire the best lobbyist in the business so only time will tell.
Uber has found success around the world because it offers something people want — a cheaper and quicker alternative to local taxi companies. It also allows people who own cars to make money without having to go through lengthy, expensive and restricting permitting procedures. Although taxis are privately owned, they are part of the public transportation system the city has established over many years. It is intended to provide safe and equal transportation services to all people in the city on a 24-hour basis, regardless of where they live, the color of the skin, their sexual orientation, or their physical condition. They also pay taxes,fees,medallions,etc to have the right to operate in the markets they do. Uber just strong arms the markets they want to take over and dares the multiplicity to stop them, a straight out bully mentality. But when you raise over 4 Billion you can play this game but again it benefits the consumer right? not Uber who will make BILLIONS with this approach. Drivers will benefit by watching Uber drop rates once again until these drivers are making pennies but they either don’t care or will be replaced with more drones I mean drivers. Are these drivers brain-dead or are so desperate to take this? It reminds me of the days when I use to take a few bread crumbs and throw them at the pigeons in NYC and watch their reactions, same as Uber drivers. The company has brainwashed I mean trained you well. Keep Making the founders of Uber rich! Uber on……
Uber is not the people’s friend you thin it is. It aims to replace dozens of local monopolies and cartel-like operations with a globalized cartel-like operation. In the process it will create billionaires for a few and not fill the coffers of the cities it’s operating in. Think of all that loss revenue .. the taxi industry helps support the cities,states and counties they operate in. All that money will go in the pockets of just a select few and never reach the places that need it the most.
Never lose sight of that point, the people behind Uber are not philanthropists fighting for a better world, they are hard-headed business people with all that entails.
It might sound off in favor of competition when it suits its purpose, but Uber has a track record of anti-competitive behavior.
If uber is allowed to operate with unlicensed drivers, taxi unions worry about the pool of part-time providers growing so large that any one cabbie — some of whom are still paying off the medallions they bought for the right to have a job — can’t make enough to support a family. Although it might be nice for people with free time to earn some extra cash by driving people around, they’re also taking away business from people who used to drive for a living. If Uber does take over the market share they will also control the price and as we have seen with the numerous price cuts over the last year or so, it would be racing itself to the bottom. Uber controls everything and drivers re powerless and and soon will be penniless.
So Uber is a cab company after all, so regulate it as you would any other cab company. What’s is fair is fare!
Uber on as the slogan goes but don’t say we didn’t warn you.