The problem is that almost every market that Thompson looks at is highly regulated, and the disruption he looks at doesn’t relate.
Sure, smartphones are changing communication. But they’re not changing who controls the network.
Taxis and cargo? Those are some of the most heavily regulated industries in the world. We’re already seeing significant blowback against Uber, just on taxis. And it’s just the start.
A few more reactions, and Uber’s out of business. Period. That’s a lot of speculative money to bet on industries that have a whole lot more money to spend stopping them.
I don’t see how Uber is any different from Taxi.
people who are going to take a taxi might get a Uber instead, people who are going to drive are not going to just give up their car.
If I take an Uber to work everyday, the cost might be enough for me to buy a Tesla instead.
Neither of those articles mention regulatory, governmental, and/or legislative issues. In most jurisdictions, the taxi industry is highly regulated and the incumbents tend to have a great deal of political clout. Disruption in markets is one thing, but overcoming entrenched political interests is difficult (cf Uber in VA.
Where “obsoletive” is high-end “disruptive.”
The problem is that almost every market that Thompson looks at is highly regulated, and the disruption he looks at doesn’t relate.
Sure, smartphones are changing communication. But they’re not changing who controls the network.
Taxis and cargo? Those are some of the most heavily regulated industries in the world. We’re already seeing significant blowback against Uber, just on taxis. And it’s just the start.
A few more reactions, and Uber’s out of business. Period. That’s a lot of speculative money to bet on industries that have a whole lot more money to spend stopping them.
I don’t see how Uber is any different from Taxi.
people who are going to take a taxi might get a Uber instead, people who are going to drive are not going to just give up their car.
If I take an Uber to work everyday, the cost might be enough for me to buy a Tesla instead.
Neither of those articles mention regulatory, governmental, and/or legislative issues. In most jurisdictions, the taxi industry is highly regulated and the incumbents tend to have a great deal of political clout. Disruption in markets is one thing, but overcoming entrenched political interests is difficult (cf Uber in VA.