Disgusting that drivers are making this little. And Lyft is supposed to be the better of the two evils? I wonder how the alternative platforms in places like Austin are doing and what their split is these days. I was there recently and was surprised that Lyft had been allowed to operate-- apparently the state government gave them permission to operate over the local ordinances that had been passed requiring fingerprints, etc.

I enjoyed the depiction of the retro Lyft operating in the old taxi model. I agree that would probably be more efficient. These companies, like most tech, relied on extremely lax regulation, super low interest rates, QE, and dumb VCs to produce a myth of greater efficiency. It was enough to undermine an entire industry. And to think driving a taxi used to be a middle class job in some places. No wonder so many medallion owners committed suicide.