Angie Schmitt’s list of “all the bad things” about Uber and Lyft only
touches on transportation, leaving aside the companies’ labor, taxation,
regulatory and other issues, but it’s still quite a damning document.
From increasing the number of cars on the road and the number of miles
driven, to displacing and hurting public transit, to displacing walking
and cycling, to increasing traffic fatalities and hoarding data, there’s
a good case to be made that rideshares will never be sustainable and their investors are doomed.