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Uh, are you sure? Most drivers do not own their own medallion meaning they're getting screwed over by someone who does.

Also, at least riding an Uber is a pleasant experience in NYC.

Labor benefits from operating within long standing regulated industry. Even if overly bureaucratic. More stability, less fluctuation in wages.

Passenger experience is fine, was speaking exclusively about the driver.

Please no. Uber and Lyft are tremendously valuable in the outer boroughs and even some corners of Manhattan where you can't easily hail a cab.

If that were true, no one would drive for uber, the free market would handle it.