Earlier quoted context omitted.
> Buying used copies of books, scanning them, and training on it is fine. But nobody was ever going to that, not when there are billions in VC dollars at stake for whoever moves fastest. Everybody will simply risk the fine, which tends to not be anywhere close to enough to have a deterrent effect in the future. That is like saying Uber would have not had any problems if they just entered into a licensing contract wit…
> It was faster to just put unlicensed taxis on the streets and use investor money to pay fines and lobby for favorable legislation And thank god they did. There was no perfectly legal channel to fix the taxi cartel. Now you don't even have to use Uber in many of these places because taxis had to compete - they otherwise never would have stopped pulling the "credit card reader is broken" scam, taking long routes on p…
This is the business model: get more money out of customers (because no real alternative) and the drivers (because zero negotiating power). Not to mention that they actually got to that position by literally operating at a loss for over a decade (because venture money). Textbook anti-competitive practices.
However, the idea itself (that is having an app to order taxi) is spectacular. It also something a high-school kid could make in a month in his garage. The actual strength of the business model is the network effects and the anti-competitive practices, not the app or anything having to do with service quality.