> But in fact, Uber does have a massive moat -- its network of drivers and riders in thousands of cities around the world. No competitor is even close. Their p

> But in fact, Uber does have a massive moat -- its network of drivers and riders in thousands of cities around the world. No competitor is even close. Their platform is a commodity to both drivers and riders. I haven't met a driver who only drives for Uber. Uber provides no incentives for loyalty to drivers, like actual employment as employees. As a user, I have no loyalty to Uber, either.