stopped reading at: "As more people use Uber, there will be fewer people trying to hail cabs, and fewer cabs picking up people, which will lead to reduced ex

stopped reading at: "As more people use Uber, there will be fewer people trying to hail cabs, and fewer cabs picking up people, which will lead to reduced expectations cabs will be available, and so on and so forth. Gradually the ‘open cab market’ will be displaced by a closed Uber service. I’ve already noticed it’s harder to hail cabs where I live, capacity is often taken up by Uber riders." for a supposed "financial journalist" he literally has zero comprehension of basic economics. open is closed and closed is open. wut?