Techno-optimist disrupters and angry cab drivers alike have predicted that Uber, the leading app-powered car service, would eventually put traditional yellow cabs out of business. Now, a new report shows that that Uber is hitting metered cabs hard, at least in San Francisco.
San Francisco isnít the only place Uber is cutting into the traditional taxi business. Cab drivers from Chicago to Berlin have protested against Uberís entrance, claiming in many cases that ridesharing companies are competing unfairly because they are not subject to the same regulations as official taxis.
Uber Has Pretty Much Destroyed Regular Taxis in San Francisco - 1