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andyp-
Not sure having an unregulated, casual taxi fleet is really progress.
Well yeah, one business model getting fucked by another may or may not look like progress depending on what you value.
I think we can have a technology driven, convenient, pleasant cab fleet with or without the regulation you describe. Hopefully we'll get there. But the black cabbies and their antiquated, entitled attitude and closed shop need to die, first. Die or wake up.
Howard
Uber has this nailed, don't worry.