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I think both of you are right but looking at different sections of the trend.

In general, taxi business is very tough and tend to became worse over time due to the systems in play.

Old taxi services quality varied widely, i.e. in some areas they went into shit already while in some they were still great.

Living in a big city with pretty lax taxi regulations I experienced whole range with some providers being top quality.

Uber injected billions into the market attracting a whole lot of new people to start doing taxi gigs, which made quality much better for some regions where regular taxi was already bad, but overall, the taxi business model was not changed much if at all.

When the free money dried out, and it became obvious that uber will not be able to transition into self-driving taxi service, the quality of their service starts going to shit everywhere.

In my city, local taxies developed their own apps which are not much worse than uber, some continue to provide old style service, and uber became the provider with the lowest quality.

In my opinion, Uber business model is based on the fact that “gig workers” cannot calculate the proper amortization cost of the vehicle, so when the time goes by, companies who do know how to calculate the proper costs provide better service.



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