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>This is total stream of consciousness. Is Uber multiplying the taxi fleet? How can one put so many competing statements together like that and think it's coher
by rhino369 10y ago
>This is total stream of consciousness. Is Uber multiplying the taxi fleet? How can one put so many competing statements together like that and think it's coherent?
It might actually be multiplying the taxi fleet. I personally use uber to go to work every day and before I'd just use the subway.
This graph on reddit, suggests uber creates a lot of demand rather than just converting it from taxis. https://i.redd.it/1s8w5uqjkvnx.png https://i.redd.it/1s8w5uqjkvnx.png
This explains why Uber is valued so much more than the taxi industry. Because it's growing the industry.