Honestly I wish they wouldn't try to compete on price. Maybe I'm alone with this, but I'd rather not feel obligated to tip a driver because the ride is so cheap. Pay them a living wage, let me pay the exact fee, and let me not have to carry goddamn cash like I used to in the era of Taxis. e: Addressing common replies: "This is for people commuting already" -- okay, point taken; my point about Uber/Lyft still stands.…
I took an Uber home from the train station last week and it was less than $15. I'm not sure how much a taxi would've been, probably at least $25. I don't feel good about it. How can someone provide good service if they're taking home so little? I fear that soon Uber will be overrun with poor service because all the quality drivers have been driven out by low costs.
[edit] NYC, and the drivers are pretty candid about still picking up rides from black car dispatchers and competitors. I have no reason to question their honesty.