nah, the cabbies had government sponsored monopoly, so they had no incentive to improve. For example NY Taxi Medallion (permission to drive a cab) was sold for

nah, the cabbies had government sponsored monopoly, so they had no incentive to improve. For example NY Taxi Medallion (permission to drive a cab) was sold for hundred thousands of dollars. Even when Lyfr/Uber gets more expensive, there would atill be competition, so it should not suck as much.