The problem for drivers isn't a lack of demand for their services. The problem for drivers is that the buyers for their services are not the people who need a

The problem for drivers isn't a lack of demand for their services. The problem for drivers is that the buyers for their services are not the people who need a lift, but are the people that own the licensed cabs. The buyers face a monopsony for their services, which always ends up in poor treatment. The problem is not a mismatch between supply and demand. It is an artificial barrier between the supply and demand meeting up.