Earlier quoted context omitted.
The market has spoken. Uber as a service has shown itself to be wildly better and more loved than traditional cab services in every city where it's gone head to head in open competition with traditional taxi services. Unfortunately people are morons that don't know how to make the "right" choice. We will be conveniently layering bureaucracy and laws on top of all of this to make sure the clearly inferior product wins…
You don't think its worth protecting the trade of taxi-driving? Used to be the case you could make good tradesman money to be able to afford a house and a family on a taxi salary. Post-Uber that wont be so. Is it "stupid" to want jobs that arguably require "less-skill" to not pay out a decent wage? Are we going to try to force more and more into university and leave those that don't fit in that box to work towards mi…
No. Regulated taxis used to be a racket; of course they provided (somewhat) decent living for those who participated, although most money went to the medallion ownert.
I don't see why the needs of a few thousand cabbies (per city) should trump the needs of the millions who clearly prefer Uber.