From what I understand, the value of Uber is in 1) user experience, and 2) logistics technology. Regarding 1), this isn't much of a barrier to entry. Competito

From what I understand, the value of Uber is in 1) user experience, and 2) logistics technology. Regarding 1), this isn't much of a barrier to entry. Competitors could easily copy their UX, curation, app etc. I suspect that this will happen, forcing Uber and future competitors to lower their prices. Regarding 2), I don't know much about their technology, but something makes me question whether Uber will really have that much of an advantage in logistics technology 10-20 years from now. Finally, I've always thought that cars are an extremely inefficient way to get around, especially in cities. I suspect that there will be innovations in transportation, and that there won't be too big a market for traditional taxis 20 years from now.