Indeed they are already illegal, however adequate checks are not done on those who want to be people driver. That effect of not actually doing due diligence does allow much higher incidence of bad actors in positions of power.
+ There was a vibe that Uber will compromise the customer experience to make more money. This is nonsense, uber is operating in a cut-throat environment where any cost savings will be passed directly to consumers who are getting what they pay for.
Bullshit. They have one of the hottest stock request IPOs out there. A year ago their estimated market cap was $50B. Now its estimated at $70B. Sure doesn't sound like a no-profit company.
+As one questioner pointed out at the end, Uber isn't actually making a profit. Any cuts in quality are being passed on to the customer in reduced fares.
Hollywood accounting. And foregoing profit to starve the market is also a perfectly valid strategy. In other words, the lack of profit is intentional and easily reversed at will.