Capital intensive because of the completely backwards requirement of owning a medallion that goes for millions of dollars?
The regulatory capture that entails means that the industry has no reason to improve service because nobody is allowed to compete with them. That's not "SV hubris", that's basic understanding of big business.
The regulatory capture that entails means that the industry has no reason to improve service because nobody is allowed to compete with them. That's not "SV hubris", that's basic understanding of big business.