Re: Capitalism ain't pretty, but it's efficient
@daniel, I agree, disruption is good. It makes an economy to become efficient and in the long term this helps to raise the standard of living for the people.
Both Uber and Lyft are facing protectionism from established businesses that are not competitive. Either the claim is that their quality is lower or because their safety is below acceptable levels. The point is that when on average a car is only utilized for 1 hour a day, the economy has an unemployment rate of 6% and the population has smart phones that enable communication and coordination -- individuals tend to behave like businesses and increase their productivity.
Established businesses can try opting for protectionism to protect their businesses in the short term, but only the business that make their own underlying process efficient, will be around in the long term. For instance, analytics and tracking could be used to increase utilization levels of taxis and save on their waiting time for their next customer. In the end, consumers might select the taxi based on something entirely non-safety related, like choosing a cab based on its yellow color, but for that to happen the business needs to deploy resources in the right place and try to remain profitable for as long as possible.