Taxis made their bed by being pieces of shit for a long time. No one will have any sympathy for their plight.
A Boring Dystopia
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Why would you give a regular taxi driver an Uber PIN? You just walk up to a taxi and get in.
Because Uber needs to insert themselves somehow to be able to squeeze as much money as possible out of both you and the taxi driver.
"Just a taxi" I mean, can a taxi actually regular charge me MORE than a taxi used to cost from the airport to my home PLUS the magic bonus of surge increases in that also higher cost when I'm most vulnerable... I think not - check mate assholes, Uber for the win!"
-a tesla owner while his broken tesla is in the shop waiting months for parts
Disruption!
It actually just means to undercut an existing industry with venture capital, taking on a loss until the existing competition is out-priced out of the market. Then once a monopoly is established, tear down quality service, hike up prices, shaft costumers and use the money to pay huge bonuses to the executives. If the company is still profitable afterwards then just recreate the same old industry and competitors but with an iron grip monopoly. If it is not profitable, just sell the company and distribute the dividends amongst the C suite. Rinse and repeat.
Uber exists in countries where taxicab services were terrible. Uber is not competitive in countries where taxicabs were already good.
This reminds me of uber in several third world countries. Most drivers only take cash or direct epay because it bypasses uber's heavy service cut. Everyone benefits because the app lets you hail drivers, but they charge you a fair fee just like a taxi.
In live in DC and I wish we had a well functioning taxi system here. The airport is about the only place you can reliably get one. If I want to get picked up at home there is no one number to call since every taxi is independent and the Curb app is worth shit. When I do get a cab from the airport the experience is on par with Lyft and usually cheaper.