Uber loses money but gets 8 bln funding with IPO
Uber drivers complain of falling compensations
Cities complain of growing traffic, Uber competitor of public transport
still, money piles up awaiting maybe (surely) awaiting to monopolistic power (network egffects, increasing economies of scale) when either one:
replace them with AI
screw the cities force them to ban private cars
never know what monopolists could do, what are the policy option now since costs are falling on various categories ?
Economist article Public Distress