[Michael Farren] Taxis, regulators must adapt for industry
ViewpointsSept 26, 2016
Some dinosaurs escaped extinction at the end of the Cretaceous Period 65 million years ago by evolving into birds. Taxi companies around the United States face a similar cataclysm today -- thanks to upstart ride-sharing companies Uber and Lyft. Like the dinosaurs, taxis must adapt or die. Unfortunately, cities like Philadelphia, Los Angeles and Chicago are holding onto regulations that will seal the taxis’ fate. Ride-sharing’s rise has been as unexpected and tumultuous as the dinosaurs’ demise.