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Yes. The argument is that there simply isn't $80 billion to be made in the taxi industry; it's inherently a comodity business where boring companies should be able to make a steady 2% return rather than the kind of industry where a company that manages to sieze the market can make it back in monopoly rents.



What would be interesting would be to see how far all the ridesharing revenues would have gone in actually really good public and municipal transportation and many other lifestyle changes (i.e. what if every company reduced to a 4-day work week, or at least a mandatory 1-day work from home in applicable industries.)

it would be interesting to see where ridesharing investment money and the revenues the companies made could have ad a differing/better/other impact, just as a matter of looking at all possible outcomes as opposed to simply taken the state of things as a given.




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