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Data Research Reveals When Taking a Yellow Cab Is Cheaper Than an Uber
An anonymous reader writes A team of data scientists have come up with a system to identify times when regular yellow taxis are cheaper alternatives to an Uber [in New York]. Researchers from the University of Cambridge and the University of Nanmur in Belgium have compared a broad dataset of both yellow taxi and Uber fares in New York and have discovered that for a trip costing less than $35 Uber is often the most expensive option. The data scientists were able to reach this conclusion by comparing trip and fare data for each yellow taxi ride taken in 2013 and entering it into Uber's fare query system. Prices were taken from Uber's lowest-cost service Uber X and the NYC Taxi and Limousine Commission.
I only respect laws designed to represent the interests of the citizenry as a whole--not the vested interests of one tiny class who bribed some politicians with campaign contributions.
You're right. It's not in the best interest of citizenry as a whole to have properly licensed and insured livery drivers. We're much better off when anyone with a smart phone and a car can provide taxi services.