While the "sharing economy" is growing worldwide, the controversy around #Uber has gone wild in #Melbourne! The new technology-based competition is shaking up the more traditional markets which haven't been changed for a while. I think cities should embrace opportunities like Uber and perhaps cooperatively work with them to make sure all users will enjoy a safe service. Lack of competition in taxi services in many cities has created an unpleasant environment (in terms of cost, quality of service, availability, etc) for users. It's time to re-think about some of the traditional markets and regulations around them.
See this article on Sydney Morning Herald on the recent crackdown on Uber drivers: