Can The NYC Yellow Taxi Survive Uber And Lyft?

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Can The NYC Yellow Taxi Survive Uber And Lyft?

Рет қаралды 293,848

Күн бұрын

Yellow taxis are an iconic symbol synonymous with New York. But it’s a tough job with drivers on average working more than 9 hours a day, 6 days a week. Taxi’s have also had to contend with a host of other issues. Medallion prices were artificially inflated in the early 2010's due to predatory lending forcing many owner-operators into bankruptcy. The industry has also been overwhelmed by ride hailing services like Uber and Lyft which launched in New York in 2011 and 2014 respectively. Today roughly 13,000 yellow taxis compete with about 80,000 ride-share drivers.
Chapters:
00:00 - Introduction
01:57 - The legacy of yellow taxis
03:58 - The medallion crisis
08:55 - The rise of ride-hailing services
11:43 - The future
Produced, Shot and Edited by: Liam Mays
Animation: Jason Reginato
Supervising Producer: Jeniece Pettitt
Senior Producer: Shawn Baldwin
Additional Camera: Natalie Rice
Additional Footage: Getty Images, Brooklyn Public Library, New York Times, New York Taxi & Limousine Commission
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Can The NYC Yellow Taxi Survive Uber And Lyft?

Пікірлер: 1 100

@nintendo1709 Жыл бұрын

Honestly a huge problem with yellow cabs is cost. I took an Uber from one place to another in NYC, then I took a cab from that same point to another. The cab driver was rude, the fare was three times higher, and having to talk to them about the address, tip, and price was annoying. I know that cabs are iconic in New York but they are literally terrible.

@nintendo1709 Жыл бұрын

@Jasonlang666 that’s factually incorrect but go off I guess

@janwitowski Жыл бұрын

@Jasonlang666 Correct, I stopped using Uber months ago in the city because the prices are ridiculous. And I don't get the OP's point about "talking to them about the address" either. You get in, tell the driver the cross street and relax. You can even pay for the ride with your phone through Curb.

@sapphiron21 Жыл бұрын

Thats basically how it goes where i live. The old cab is more expensive (but not by a large margin) but you know for certain that their drivers will be professional, polite, doesn't cancel at last minute and know the streets like the back of their hand instead of just relying on the computer. Ofc that doesnt mean uber drivers and the like are all bad but the traditional cabs just give you that assurance of top notch service.

@alexr5539 Жыл бұрын

some yellow taxis rip you off, some if you offer em cash will drive you like 50% less compared to Uber.

@CrunchyBaguette Жыл бұрын

Depends on when you took your ride. The Uber prices have been usually slightly higher for me for the last couple of years especially since they’ve stopped giving constant promotions. This is just because Uber is trying to increase profitability after having stomped out so many yellow cab drivers.

@arun279 Жыл бұрын

you can't sell taxi licenses for $1M and then blame Uber for destroying your business lol

@vladrazym9955 Жыл бұрын

Blame the buyers, as its auction

@TheBooban Жыл бұрын

Well, especially if the license doesn’t mean anything. Like hey; get your trucker license to legally be able to drive a semi. Later: oh, anyone can drive without a license.

@lucaskp16 Жыл бұрын

even with this trying to make pity of the driver owners. i still don't care because going back to before uber and others having a taxi medallion was seen as a surewin bet that could get you a forever job that could make for owner drivers up $75 and hour (which even after all deductions and cost was a good job ). that is why they took such big loans to buy them. they where buying high paying no boss no skilled jobs. so is funny they made it look like they where always making a sacrifice for the city when the moment other people could get in without that stupid medallion you have 5 to 8 times more cars in the street doing their job. and when they say that they should care for their drivers as if there weren't several times more people willing to take their job if they don't want it, all cabs could disappear tomorrow and nobody would care

@Ghoxtfire Жыл бұрын

@@TheBooban yeah but in this case it's different uber can't pickup people from the street only people ordering via app. and if you have to pay a million dollar just to drive a truck probably it's a bad deal

@cyclopsvision6370 Жыл бұрын

The people that can't afford to pay $1M for a medallion signed up to drive for Uber and Lyft. LOL

@hejiranyc Жыл бұрын

I know taxi drivers are human beings with families, goals and dreams. But they really only have themselves to blame. I live in Manhattan and I have literally not stepped foot in a taxi in over 10 years. In general, taxis have been dirty/smelly, often did not accept electronic forms of payment, drivers were often rude and the fares are unpredictable and can go very high, which makes me anxious. The taxi industry failed to establish standards and codes of conduct. They failed to innovate and develop value for riders such as smartphone apps. They were asleep at the wheel, pun intended, while the disruptors 3000 miles away in Silicon Valley re-invented a better wheel. Sure, it's sad that an NYC icon like the yellow taxi is in decline, but I'm sure it was also sad to see the horse and buggies get put out to pasture (also pun intended). You either evolve with the times or you get left behind.

@tomot5272 Жыл бұрын

100%!! Had a yellow cab refuse to take me to Queens (LIC) bc it was "too far" 🤷 since then I just used Uber/Lyft.

@maybeitsjustmepodcast4290 Жыл бұрын

You couldn't have said it better. I live in Harlem they don't even drop me off. So they don't want my money

@ooyoututchmytralala Жыл бұрын

Imagine living in nyc 🤮 almost as bad as commiefornia. You suckers have to pay out your nose for everything. And it smells like a bathroom everywhere in that hell scape

@Tola5657 Жыл бұрын

And still it perhaps a good thing to remember Uber and Lyft only work for there got capital from other there are burning money there business model are not profitable ... so easy to ofer cheep transport if you don't care on making money

@tdadp Жыл бұрын

Yes, taxi drivers have a pet reputation. There’s no denying that they are still cheaper the ride share their no surge pricing just a longer wait to flag one

@marcross4650 Жыл бұрын

When I lived in NYC years ago, sometimes yellow cabs wouldn't take me places they didn't want to go. Especially certain neighborhoods. Lyft has never told me no.

@aulusagerius7127 Жыл бұрын

The drivers can see your destination in your request and ignore your request. You never know about those.

@yaggaman1914 Жыл бұрын

@@aulusagerius7127 thats nice we shouldnt have to yet the yellow cabs be dumb asf ... we dont have to argue or haggle with a machine

@ahmadsilal3581 Жыл бұрын

@@aulusagerius7127it only started recently before driver couldn’t see

@logotoy Жыл бұрын

@@ahmadsilal3581 Good luck for you if you live in the ghetto with Uber in those days

@claytonbrown7100 Жыл бұрын

I’m curious if Uber/Lyft drivers would have declined certain destinations back in the violent crime era of the 70s to early 90s.

@MubashirullahD Жыл бұрын

Who in their right mind would pay $700,000 for the right to drive a taxi? Its an insane amount of money. The things you could do with a loan like that.

@GaGaObession Жыл бұрын

This is what I don’t understand! why did banks even lend money to people to purchase them at that price??!

@JUAN75001 Жыл бұрын

Exactly, you could buy a Fixer upper for $700K and fix it nicely and sell it for $1,200,000 and make a good profit after paying the mortgage off and taxes and continue on to the next one

@MattyMoores Жыл бұрын

@@GaGaObession Were they now able to guarantee the money against the asset like other things? Genuine question, because if they were I would have done the same if I was a NYC Banker.

@mike48084 Жыл бұрын

Ppl pay $200k plus to start a subway franchise or $1M+ to start a McD franchise. Makes sense to me

@jasonallen3678 Жыл бұрын

Open 7 restaurants or buy 2 new and 3 used trucks to start a trucking company is better than a cab medallion..

@deemanDavid Жыл бұрын

As a black dude that got turned down from taxis, had taxi cabs lock the door as I approached, and have been refused to be dropped off in outer boroughs. Screw them! Uber has a better product, more reliability and the ability to provide feedback if I am treated like crap. Blame the bad taxi drivers for this outcome

@eddycarpenter8989 Жыл бұрын

straight up

@amritsingh8918 Жыл бұрын

lmfao why dont you black people also talk about the fact that you people literally don't pay the fare and run away 🤡My father and all of his friends who drove the cab always stated black people ran away. My father even had a gun pointed at him by a black man when he driving the yellow cab. Even black cab drivers don't pick up black people. Let's also talk about the fact that black teenagers who killed a black immigrant after the black immigrant chased them since they didn't pay their fare. Yall are so quick to claim racism and yet don't talk about your community doing this stuff

@arielsong1289 Жыл бұрын

Sorry for your horrible experience man, that sucks..

@isaiasprestes Жыл бұрын

Same in Brazil, my friend!

@kharithoughts2679 Жыл бұрын

truth

@Lr-tv3mh Жыл бұрын

Knowing the price before hand, knowing who is your taxi driver, and knowing where you are on the trajectory is why Uber, Grab, or Lyft are preferred

@yourfriendlyneighborhoodic128 Жыл бұрын

no rational person prefers illegal taxi's. no ethical person would use those illegal taxi's.

@NazriB Жыл бұрын

Lies again? Gold Cup Gain City Grab CDG

@DailyMynt 11 ай бұрын

@@yourfriendlyneighborhoodic128dude gives you logical and rational reasons and you calling them the opposite. Have fun in your cabs that aren’t clean and often have no working AC

@michaelrmurphy2734 9 ай бұрын

And not having to pay cash to the driver directly, from what my sister tells me.

@jm2307 Жыл бұрын

I’ve had more bad yellow cab experiences than good. Drivers, when they do decide to stop for a Black woman, are rude. Uber and Lyft does a lot to eliminate that for me. And as far as safety, I easily share my ride info with loved ones. It’s just better overall.

@glarx3089 Жыл бұрын

Lotta drivers have way worse experience from certain customers, way worse

@christophermaxwell5683 Жыл бұрын

@@glarx3089Then just quit the job......duh. Nobody cares 🎉🎉🎉

@darianharris6569 Жыл бұрын

@Daniel-ie8sido you have any evidence or data to back up that claim🙄. Didn think so! Accord. To th ny Tim’s taco cab robberies are at all time record low. Mskt peopel in New York don’t even use cabs anymre and there sales are at a record low.

@darianharris6569 Жыл бұрын

⁠@@glarx3089not they don’t becuase they rare,y ever pick up black and Latino customers but then wanted to pt competition like Uber and Lyft that glady did and owned abojt rideshare customer’s picking up Customers they rude Ed to. There exist beucir backfired and they are now crying about it.

@JacksonMack3742 Жыл бұрын

I think the original comment is simply showing another reason why Uber and Lyft are preferred over the NYC cab system. Yea, it's about race, but it's an actual human's actual reason for no longer giving business to the cabs. Whatever the reason the cabs may, in some cases discriminate doesn't matter. They are losing customers to Uber and Lyft who do a better job at just about everything, including not discriminating. And I'm not even in to these topics, I'm from a conservative family in Florida, it's just so obvious from the comment that she had suffered in some way, major or minor, due to race, and shared that now she's done dealing with that BS. Idk about too much about free market capitalism, but this seems like a real example. If you strip away the names and races and just look at the facts and prices, the yellow can system kinda just sucks both for the customers and even the drivers, even if both are good citizens.

@confidentialp6292 Жыл бұрын

As an African American in NY the yellow cabs most of the time didn’t stop for black people unless they were wearing a suit. Also late nights they wouldn’t go to other boroughs. Cabs would ride pass you to pick up a Caucasian person. One cab driver once to me he doesn’t pick up black people bc they don’t tip. He said this to me bc he thought I was Hispanic. When Uber and Lyft arrived it was a breath of fresh air. Now yellow cabs would stop for a lion flagging them down lol. I don’t feel bad for them and trust me a lot of people feel that way

@qjtvaddict Жыл бұрын

What they do not know is that racism is bad for business. Even old railroads knew this and some ignored Jim Crow laws.

@___Anakin.Skywalker Жыл бұрын

Also black neighborhoods rough AF chances of getting robbed also tough ya know what I'm saying? I'm glad yellow taxi drivers suffering tho karma bit they azZ an I'm glad I got my get back

@Mshi- Жыл бұрын

Maybe if certain demographics didn’t commit 50% of violent crime they probably would stop for you?

@confidentialp6292 Жыл бұрын

@@Mshi- let me put drugs and guns and low education in your community and let’s see how it pans out. It’s all systemic bro.

@d.b.cooper1 4 ай бұрын

Same thing in london. Famous saying was “black cab don’t stop for no black man lol”. Uber was a lifesaver for many. Funny thing is the sheer backlash from the black cab drivers, a lot of it was racist as most black cab drivers were white British working class males, whilst a lot of Uber drivers or private cabbies in U.K. are ethnic minorities sons of immigrants from the 50s-70s from across the ex British empire. They were more mad than the usual anti Uber protests.

@jayg2625 Жыл бұрын

Yellow cab drivers took advantage for years and now w/ competition from Uber/Lyft it just exposed them as a subpar option 🤷🏾‍♂️

@RobertScholten Жыл бұрын

The biggest reason I prefer uber etc is I like to know the cost before I agree to the trip, not at the end

@tres5533 Жыл бұрын

The immigrants driving taxis were sold a scam on the medallion prices and at the same time these drivers had no "people service skills" which made for bad customer experiences and smelly cabs. Also, cabs were not up on tech and the shady fares for travelling across town were deplorable. Add it all up and UBER, etc. looks good.

@eddycarpenter8989 Жыл бұрын

they were sold a scam by other immigrants. lol lets not play the victim. this is america. eat or be eaten

@jtgd Жыл бұрын

Yellow Taxis failed to take advantage and use technology like apps to become more convenient for riders. Uber and Lyft are highly used mainly out of convenience. You don’t need to wave one down, you can request a ride from your phone. They’re like 10+ years late

@Dragon228833 Жыл бұрын

Now there’s Curbed. A little cheaper than Uber and Lyft

@gold9994 Жыл бұрын

@@Dragon228833 For now.

@PurpleMonkeyDishwasher88 Жыл бұрын

I remember in the late 00s with the advent of the smartphone and apps, and there was plenty of talk in the taxi-cab business literature about creating an app to make ride-hailing and pre-trip planning much easier. Problem was that there was no consensus on how to go about this. Heck when Uber started, they mentioned about using taxis as a lower-end service to piggyback on their app, as they initially competed with limo/livery services. Well, once they went to UberX and anyone with a Corolla can be a taxi cab, it was the end of the traditional cab business.

@oeao2841 Жыл бұрын

And I know who your driver is in case there was a problem

@Lucky8s Жыл бұрын

I went to London last year and rode in an official taxi. It was £90. I checked Uber beforehand and it was £60. The reason I went for the taxi is because it was there and I was tired from a long flight, but in hindsight had I know a taxi would be that much more expensive, I would've went for the Uber.

@danielviehland Жыл бұрын

Taxi drivers in London are the best in the world though. It's one of the hardest licensing tests in the world.

@danielviehland Жыл бұрын

@@darrinitopeople don't spend years studying to be the best of the best for just any job.

@danielviehland Жыл бұрын

@darrinw5383 London taxi drivers study for years. It's an extremely rigorous test covering the geography of London, the best routes to take, and specific locations. It isn't just driving.

@danielviehland Жыл бұрын

@@darrinito and yeah, the issue with Uber drivers is that not much is required. It's relatively low skilled labor vs extremely high skilled labor.

@FingolfinNoldor Жыл бұрын

@@darrinito Because obviously they formulated the tests before Google Maps existed and haven't bothered to change them since. And no, you wouldn't need Google Maps if you were familiar with how London worked.

@iel3m3nt Жыл бұрын

Yellow cabs would not stop to pick me up as a black man. That’s business.

@UpUpDnDnLtRtLtRtBAStart Жыл бұрын

The city created this problem. They wanted to regulate this industry but did not regulate the cost knowing well the permits were being sold at ridiculously inflated prices that drove people into debt.

@pranaym3859 Жыл бұрын

Nah, I blame the buyer not the seller

@UpUpDnDnLtRtLtRtBAStart Жыл бұрын

@@pranaym3859 City issued permits should not be resalable. You passed go without collecting $200.

@pranaym3859 Жыл бұрын

@@UpUpDnDnLtRtLtRtBAStartI don't care. Anyone with brain takes a million debt, it's definitely not for a permit to drive taxi. You have to be responsible for your choices

@willcookmakeup Жыл бұрын

I dont think I ever once called a taxi when I lived in the city. They're so unpredictable and expensive. And if you're a NYC native, its very easy to know if you are being taken on the best route, which they often don't take. This isnt Ubers fault

@JamesNY718 Жыл бұрын

Another issue with yellow cabs that I don’t see any mention of is that for a long time they largely ignored black and Hispanic patrons. They never went to their neighborhoods and even in places like lower manhattan they would consistently drive by us. So they further depleted their own income source once competition moved in that didn’t neglect a single patron in NY.

@Asymmatrix Жыл бұрын

In order to take Uber/Lyft you need to have a credit card on file along with your personal information. Yellows are required by law to take cash and assume all the risk. Make Ubers take cash and see what happens.

@kharithoughts2679 Жыл бұрын

yep

@OXHAMMERSTONE_NYC Жыл бұрын

@@AsymmatrixWTF ARE YOU TALKING ABOUT

@Asymmatrix Жыл бұрын

@@OXHAMMERSTONE_NYC The fact that Uber drivers assume virtually no risk vs yellow cabs. Yes sometimes yellows are hesitant to pick people up. They go to a bad area, the person runs out or worse. They don't get paid. Uber drivers already have the name and credit card number in the system. No risk. Yellows can't do that.

@jaba6192 Жыл бұрын

@@Asymmatrixa taxi driver once ripped me off, charged me $65 for a 15 min ride from JFK to my house, since then never took a taxi

@HeatherSummerRaine Жыл бұрын

I bought a train ticket from Penn Station to EWR airport on Thursday. When I arrived at the NJT the first three trains going out that morning were cancelled. I ended up using an Uber! There were taxis lined up outside the station, but I chose Uber because it was much cheaper! My Uber driver was polite, helpful, and his car was spotless. A much better experience than I had in the past with taxi drivers.

@johnsamoilis6379 Жыл бұрын

you would negotitiate with the cabby for destinations in NJ. The meter rules dont apply. Show the cab driver the uber app and use that as a base for negotiation.

@HeatherSummerRaine Жыл бұрын

@@johnsamoilis6379 oh cool! I didn’t know that!

@GiftedDee Жыл бұрын

@@johnsamoilis6379That’s already to much I just want to go

@andrew_koala2974 Жыл бұрын

Note that it is UBER and not Uber Make sure you are paying attention to detail and that your brain sees exactly what your eyes are L00KING at. It is clearly not necessarily all your fault - as you were programmed to be a ZOMBIE ZOMBIEs have eyes but cannot see- ears and cannot hear Learn for once that all CORPORATE {legal} names are always in the ALL CAPS iteration APPLE and not Apple TESLA and not Tesla SONY and not Sony TOYOTA and not Toyota ARMY and not Army AIR FORCE and not Air Force NAVY and not Navy BOEING and not Boeing AIRBUS and not Airbus ..... and so on --- Pay attention to detail and stay conscious

@dunggg Жыл бұрын

This is what happens when you turn some as basic as a license to work into an ‘investment’

@kamakwak6520 Жыл бұрын

When I remember the number of times the yellow taxis have skipped me for less melanined fares on NYC streets, I don't care whether they dissolve or evaporate. Uber and LYFT all the way.

@tjr4459 Жыл бұрын

The only good thing for yellow taxis is that now both Uber and Lyft are becoming just as expensive. It’s close to $60 to JFK airport from where I am in Brooklyn using Uber. I used to avoid yellow taxis because of this. There was this time when a yellow cab driver took unnecessarily longer routes just to run up the meter on my trip. Now all of them are ridiculously expensive. Whenever I have to use a taxi I call a private company that’s way more affordable than Uber, Lyft and the yellow cabs.

@andrew_koala2974 Жыл бұрын

@tobiramasenju6290 Жыл бұрын

Sounds like you need to tie up your boots.

@frank4uever Жыл бұрын

As others have mentioned, these guys have held us hostage for far too long. No pity from me. Back in the days we had no other option but to deal with it, not anymore! There's been countless times when I've been kicked out of a cab because they refuse to take me to a specific outer borough location. I once had me and my entire family kicked to the curb because our destination was not within Manhattan. Thank God for UBER.

@Tuppoo94 8 ай бұрын

And you believe that Uber won't do the same to you once they have a monopoly?

@Mo.Jo. Жыл бұрын

In 2012, I took my first and last yellow cab ride in long Island towards Astoria on my way to NYC. It felt like I was an NPC in death race. The taxi was half falling apart, the driver was racing in and out of traffic like his life depended on it and the cab smelled so bad. I never took another taxi my entire trip and haven't since. The demise of this industry as it was is deserved.

@danieltongaww Жыл бұрын

Uber is no better

@ulisesxavier1116 Жыл бұрын

@@danieltongaww Uber makes it easy to report reckless drivers, at least

@danieltongaww Жыл бұрын

@@ulisesxavier1116 uber dosent really do anything i drove for uber years ago in 2020 and things are still the same they really wont do anything unless police is involved or it was something serious but if the taxies would adapt to the uber style and im major cities not allow lyft or uber to operate at full capasityand amke it a law that uber and lyft cant get out of

@KNByam Жыл бұрын

@@danieltongaww Uber is way much better and cleaner.

@danieltongaww Жыл бұрын

@@KNByam not really alot of ubers cars arenold and u can tell there car is past do for a check up i had one uber ride whos car had roaches and lot of uber drivers seem to not car about speed limits or stop signs like im in a racecar

@keelahrose Жыл бұрын

I spent half the video going through the comments below it, and didn't see a single one in support of cab drivers. I agree 100% with everyone else that these guys put themselves in this position thanks to years of racism, rude drivers, unfair pricing and tipping policies and refusal to drive people where they need to go. I can attest that it happens in other countries too. I've had horrible experiences in Moscow, Seoul, Bangkok and Guangzhou. In fact the incident in Guangzhou led to a physical altercation with the taxi driver. Another time, a driver angry that I got out of the cab when I realized he was deliberately going the wrong way and running the meter showed up at my workplace demanding money. These guys deserve what they get! Uber for life!

@Da_Truth Жыл бұрын

Is it U or the drivers ? Think about it. Why do they get attitude from certain ethnicities ?

@keelahrose Жыл бұрын

@@Da_Truth It's called racism, genius. It's not that complicated.

@Da_Truth Жыл бұрын

@@keelahrose Racism from whom ? The drivers or you ?

@nvrndingsmmr 16 күн бұрын

@Da_Truth Did you not read their comment? Lmao

@ryanshih9805 Жыл бұрын

Just took a cab from JFK to a hotel about 3 miles away. Cabbie was some Indian immigrant. Expected a tip. After he got his tip wouldn't drive up to the hotel front door because a hotel shuttle was parked in front of him (he could have gone around). We have 6 pieces of luggage which he wouldn't help load or unload. For 20%???

@jrkc9218 Жыл бұрын

My heart goes out to that poor man and his brother 😢 stay strong.

@lucaskp16 Жыл бұрын

while a sad familiar history. the reason they took those big loans was because before uber and others owning a medallion was like buying yourself a high paying job with no boss no risk of getting fired and no mental skill required. the medallion system was always wrong this people just though it was gonna last forever. the fair thing to do is the free market set the number by getting overpopulated at first then people dropping out as they ran out of money or realize they are not making more money that another boring job. and for the consumer the apps are better than taxis

@isaiasprestes Жыл бұрын

Why people prefer Uber or Lift? Have the taxi drivers ever wondered that? Terrible service, scam, smelly dirt cars, that's the only thing I remember from them.

@insomnia9999 Жыл бұрын

Feel bad for that taxi driver in debt. To be honest with you as a person of color yellow cabs would not stop for you so Uber and lift were a godsend. I never had a good experience with yellow cabs.

@ihatekpeng Жыл бұрын

Uber and Lyft have created a superior product. End of story. The Taxi "Curb" app is a start, but stop making this into a "evil giant Wall Street companies" vs the Everyman argument.

@jimbo1637 Жыл бұрын

The biggest reason I started taking uber/ lyft was because I'm black and the yellow cabs often wouldn't stop for black floks. I alway found the yellow cabs pretty, but beyond that I'm not sorry to see them go.

@TheSultan1470 7 ай бұрын

Sure...

@drakerothstein4857 Жыл бұрын

I’ve had an innumerable number of absolutely horrible experiences with cabs. Really none with Uber/Lyft. They are clean, polite, and a fraction of the price of a cab. Honestly, I would gladly pay far more to an Uber than a cab to have a more pleasant experience.

@2Fast4Mellow Жыл бұрын

Here's where it all goes wrong in 'The Future' section. The customer is NOT the driver but the poor individual who ordered a taxi! Lyft and Uber get that, but NYC taxis still struggle to understand. That being said, what's stopping a yellow cab driver from also driving for Uber or Lyft? One of the advantages of ride-sharing apps is that you can know the driver's reputation beforehand. If you're a regular jerk like most yellow cab drivers, driving for Uber/Lyft would result in bad performance reviews, and hardly anyone would accept you as their driver. I've had too many negative experiences with 'professional' taxi drivers. I'd choose an amateur Uber/Lyft driver any day of the week over the professional yellow cab drivers. They still need to learn how to treat their passengers. A yellow cab driver can treat you poorly without facing consequences. However, that won't fly with ride-sharing services...

@Effervescent_Smegma Жыл бұрын

Uber, Lyft & Taxi view the driver as the true customers. Riders cant even call uber unless its something uber can be sued over. Drivers otoh, can call support. Finding cheap asses to pay $10 for a ride across town is easy. Getting the driver to it is the HARD part.

@FIDEL_CASHFLOW_ Жыл бұрын

Watching large monopolies that exploit their consumers kick and scream when a technological innovation comes in and breaks their monopolistic practices is my kink

@JoelCelaya Жыл бұрын

11:51 “and that customer [the most important one in the industry] is the driver” Well… I guess we can clearly see the problem right there… shouldn’t be the passenger? 🙃

@yoloman9998 Жыл бұрын

It's 2023 and this clearly shows they still have no idea why people don't want to ride taxi cabs. I guess they'll never know.

@AlexGarcia-ew2fv Жыл бұрын

Here in Miami.Florida..those old yellow cabs have Completely Disappeared..Thank God !!!... I remember waiting 20min for a cab n also getting Ripped Off on the fare... Uber is awesome

@MrBibi86 Жыл бұрын

*As someone who is on a disability pension love the fact that I know what price I will be paying before I decide has been a great thing. I live in Australia and my mum was hospitalized recently so I had to rely on Uber to go see her every day and what I loved was knowing the prices. with cabs, the prices can be unpredictable and it usually costs $6 before you even enter the cab*

@lzh4950 9 ай бұрын

In my country taxi drivers have been reported to be reluctant to accept handicapped passengers as they have to help the passenger in & out of the wheelchair & then fold the wheelchair before/after storing them in the boot/trunk (though some drivers are older & say in their defence that they have more difficulty doing that)

@helennguyen1453 Жыл бұрын

I have given the taxis service quite many chances but it honestly fails me every single time. From rude drivers to those who wants to take extra money by going around the same blocks multiple times to straight up asking for tips that were about 50% of the fare (I usually tip the driver 20-25% depends on multiple factors). But hey, it's not only the system that is at fault for the dying taxis industry is what I'm trying to say.

@Bubbles23XI Жыл бұрын

Don’t forget about their refusal to serve the outer boroughs and Black/Hispanic neighborhoods. These guys had it coming. They held the city hostage for decades and now they’re paying for it. The city can do a lot to help them, but it’s not enough to change the public’s perception of yellow cabs.

@tobiramasenju6290 Жыл бұрын

Stop tipping 20-25% make their employers pay them.

@helennguyen1453 Жыл бұрын

@@tobiramasenju6290 trust me as much as I want to, I have heard way too many stories about how some of them resort to violence and I want to avoid conflict as much as possible.

@jtstacey83 Жыл бұрын

I hate to say it Uber or Lyft is just better. When we visited the Big Apple, all we took was Uber because of how hard it was to get a taxi. That and the one time we did get one, the guy said he couldn't take a credit card and that it had to be cash. Uber is just easy to hit them up on the app, and within less than a minute, someone is on their way, and I don't have to mess with cash. Heck, using taxis in Paris was basically as easy as using Uber or Freenow. The crazy debt these NY cabbies take in for a medallion, and the lack of tech will cause them to fall behind and die if they keep on the path, they are going to disappear. Yellow Cab needs a functioning app like Uber and needs to switch away from this cash mentality. Maybe these guys could partner with a European rideshare company looking to enter the US market.

@tdadp Жыл бұрын

You also paid more then then the netter fare would have been at certain times of the day or night yes,

@jtstacey83 Жыл бұрын

@@tdadp I guess. If we did it wasn't noticeable. We also used the subway a couple of times. In Paris we used the metro almost everywhere we went. Except when we were just too tired to worry about navigating the metro. Though the Paris metro was easier to understand and navigate than the New York subway.

@dave23024 Жыл бұрын

I'm surprised they've survived all the limousine services. I don't know what they cost now, but 15 years ago, you could ride in a black Escalade from Manhattan to JFK for $45.

@mdmhasanUT Жыл бұрын

From Manhattan to JFK - Flat rate - $70 - With the toll and 10% tip we are looking around $90 to a $95 ride.

@Fornwith Жыл бұрын

Businesses need to adapt or die. Its hard to hear, but only the financially strong and able survive. The way things are for the boomer and older generation won't stay the same.

@darkwoodmovies Жыл бұрын

Problem is it's always some massive corporation that benefits from economies of scale and multiple degrees of separation from dirty business practices that allow them to lower prices, cut corners, and not pay people their worth - only so that some billionaire investors can transfer even more wealth from small business owners to the top 1%. You're right, only the financially strong can survive. But when a single company is worth more than every taxi car, medallion, and collective lifetime of wages for all taxi drivers in history combined, then obviously they can just take it over as an afterthought.

@roaringsun4743 Жыл бұрын

I don't feel sorry for them. One night I hailed a taxi to get home from a club. The driver initially confused me with a previous rider (I had never taken a cab before that time). He stated that he was low on gas and needed cash to stop at a gas station. I said I will only pay in card. He said he would drop me at an ATM. I relented. He dropped me at an ATM and then drove off. I've been using Lyft ever since.

@DudetaketheBus 11 ай бұрын

Being a New Yorker, this is tragic. I left that city years ago because of how expensive it is. YC fares are also the most expensive to pay. Which is why Uber & Lyft get so much network traffic there. People knew for decades that being a YC driver there is probably one of the shadier jobs there is. My friend “rented” a medallion for about 2 years and that poor kid could barely put food on the table. He would tell me horror stories of drivers bum rushing him to pick up a passenger, threatening to beat him up because he “stole” a passenger. It’s very desperate work to do this job and very tragic as well. Now to rely on others to pay your wages is an entirely different risk factor (alla restaurant workers). From what I remember in my own experience, they’re also the ones who broke rules that apply to everyone else. Double parking, and speeding in a busy street (lived in upper Manhattan) were the most prevalent. While tragic what’s happening, there’s not much they could do. But these types of business deals were known about decades ago. I can only hope for this to be figured out, because to see others struggle like is tragic.

@WSDFirm Жыл бұрын

Before Uber and Lift New York cabs were, dirty, the drivers were often rude, and not always available like after a play. Ride-hailing services forced cabs to clean up their act... A little.

@waysofzen Жыл бұрын

I like how the yellow cabbies are the victims... and how they always omit pointing out the obvious... why are customers choosing uber/lyft over yellow cabs... in their eyes, they should have the right to monopolize the market, smh

@luvaholic Жыл бұрын

Almost all of the stories related to yellow cabs are geared towards eliciting sympathy for the cab drivers. Frankly as a customer its not my job to worry about their families. I am paying for a service and thats it.

@TommyDangs Жыл бұрын

Go after the loan scum who lent an average day man 700k and effectively ended a man’s life

@robert7567 Жыл бұрын

There are so many reasons why the NYC Taxi industry is going under: the ridiculous cost of a medallion, the slow pace of innovation - ability to order one via app and pay, and specifically in my opinion, the racist/biased practices of treating citizens of the outer boroughs as an after thought. When I am traveling to the Bronx, Queens, Brooklyn or Harlem, I've not been denied a ride - but I do remember the 90s and early 200s when this was common practice. And when a yellow cab did stop for me and learned they had to go to Queens, it was an unpleasant ride because I had to listen to the cab driver complain. So, while Uber and Lyft have certainly had an effect, taxi drivers themselves, the TL&C, and government of the city of NY, bare responsibility too.

@tidusfantasy Жыл бұрын

the people here make it sound like the only solution is for Lyft and Uber to leave NYC... Well its not happening. U gotta move on with technology. Join uber or lyft then if working as a cab driver alone doesnt make enough. Earning something is better than earning nothing. Life is hard every industry is. The lower the skill required the harder the job is.

@xenonplays191 Жыл бұрын

Charging so high for a cab license. failing to adopt to changing needs and technology, being rude, overpriced and then blaming Uber! Well done

@TheBooban Жыл бұрын

Well, why they cost so much is because they are supposed to be the only ones allowed to be taxis. So what gives?

@anthonymaqueda5297 Жыл бұрын

They can be “Taxis” but they shouldn’t be the only people allowed to sell a ride. They are crying because the monopoly they thought they had bit them hard.

@CanadianMapleleaf Жыл бұрын

Condolences to that man who lost his brother......things change as tough as that can be your goal of surviving doesnt change but your plans must be flexible in order to survive this world......

@Kinglioncrown Жыл бұрын

Either taxi cabs will adapt or die

@okiedokie2557 Жыл бұрын

Literally

@fjaajf Жыл бұрын

In Dubai, They have integrated ride hailing services to the taxi services. This is mostly a win-win situation (for how I understand how the scheme works) as it caters more passengers due to a larger pool of cars available at the same time doesn’t alienate your classic taxi. I think they can do something similar to it.

@lzh4950 9 ай бұрын

Meanwhile in my country (Singapore) some private-hire drivers may feel that the laws are biased against them as unlike taxi drivers, they may not be exempted from having to carry child seats on-board (for passengers with younger children). I also read that taxis were even exempted from needing airbags, maybe as drivers in a business (instead of for personal use) are seen as more professional & thus less likely to cause accidents

@Tuppoo94 8 ай бұрын

This has happened in Finland as well. I drive a regular licensed cab that's allowed to pick up passengers on the streets, but I also accept Uber fares for additional revenue, especially when it's otherwise quiet. Even if the Uber fare is lower than the metered fare, it still beats sitting in the queue for half an hour at a rank. I'm an employee, so I don't really care if it's less profitable for my employer to do Uber fares, all I care about is keeping the customers happy and the money flowing in.

@jerseypup Жыл бұрын

The one place I would actually prefer a taxi over uber/lyft is NYC. Unfortunately, the taxi drivers outside the city very much abused their privilege and now they're all paying the price for it.

@wolfie8012 Жыл бұрын

Progress is progress. I got mad when my new car didn't have a CD player anymore but now that I can listen to anything I want with pretty good quality I've accepted the current offering is better.

@lakeguy65616 Жыл бұрын

The question is not whether taxis can survive Uber/Lyft. The real question is whether they should survive. If they can't compete, they should be allowed to fail. Capitalism is creative destruction. Keeping taxis on "life support" just prolongs the inevitable.

@Xenon-4300 Жыл бұрын

Weren't there a bunch of Taxi driver's who would have made a killing selling their medallion after their prices became inflated?

@carultch 4 ай бұрын

The medallion will become worthless when Uber and Lyft are more cost competitive, and put traditional taxis out of business.

@ffff3c Жыл бұрын

My jaw dropped when at 11:52 the guy says "The industry had stopped treating its most important customer with respect and value, and that customer is the ... driver". Clearly explains why the taxi industry has been continuously losing marketshare. Uber/Lyft weren't the cause of people stopping using taxis, it's because people didn't want to use taxis in the first place that Uber/Lyft were successful.

@oldsoul9568 Жыл бұрын

Here are some additional facts about the medallion taxi crisis: The average debt owed on a medallion is $600,000.The value of a medallion has fallen from over $1 million in 2014 to around $100,000 today.As of 2022, there have been over 100 suicides by yellow taxi drivers.The New York City Council has passed a number of laws to help drivers, including a $600 million fund to help drivers who are struggling to pay their medallion loans.

@TheBooban Жыл бұрын

Well, the council could instead follow the law. Like those without medallion can’t be taxis. That was the whole point, wasn’t it?

@BilalKhan-kv7ti Жыл бұрын

Why off youself when you can just disappear? Just jump on a cruise and don't come back

@vmtl4659 Жыл бұрын

@@TheBoobanExactly

@Cacowninja Жыл бұрын

@@BilalKhan-kv7ti Jumping on a cruise isn't easy though I do agree you shouldn't off yourself.

@jimbojimbo6873 Жыл бұрын

Hope not, taxi drivers gotta have the most annoying people behind Bouncers

@Damage_Inc Жыл бұрын

Unfortunately there's a reason why rideshares have an 86% market share of ALL rideshares in NYC and this logic applies nationwide: it's because taxis are not a better product than rideshares and I hate to say that because I know many taxi drivers are struggling like this video showed. Improve the regulations on the driver, create a new way to tip, create standard fares where people don't get ripped off, make an app where you can get picked up, etc. Rideshares are inherently a better and more convenient product.

@mxweng Жыл бұрын

I hate taxis. Unlike Uber/Lyft, taxis charge you by meters (time+distance) so you don't know the total cost until the end of the trip. What most riders want is transparency (estimated cost) ahead. For an example. I was in Kiev airport (Ukraine) 2 years ago, the taxi driver quoted me $37 USD from the airport to downtown Kiev so I decided to use train ($4 USD) instead. A month ago I was in Chisinau airport and the Taxi driver again quoted me $19 so I took the public bus (less than $2 USD) instead. I had similar experiences in the US as well.

@iNCoMpeTeNtplAyS Жыл бұрын

They gotta do what every industry does when stuff hits the fan :innovate. Either sell products like food and water or provide services like tours or advertise using the vehicle. The internet would probably enjoy livestream sessions of a new york driver as well as being a way to promote safety

@djchrisroxx Жыл бұрын

I know some people who aren’t minorities don’t believe racism exists, but it does. I’m black and I I’m unfortunately use to it; however my white Canadian girlfriend (white) has never witnessed it. Took her to NYC for one of our anniversary and on our way out to visit a museum one day I wanted to show her something. I told her to stand away from me, naturally she asked “why,” I said I’ll explain shorty. I stood on the corner with my arm up to signal I need a taxi (side note: I dress very well), 5 to 8 minutes go by and she’s starting to wonder what I’m doing. I walk over to her and say go do what I was just doing (she didn’t even know what the gesture means). She walks to the corner and holds her arm up and i n s t a n t l y a few taxis swerved to offer their service. Granted she’s very attractive so that didn’t hurt her chance lol. But my experience was every damn time I’ve visited NYC (pre Uber & Lyft), to the point where I’ve held cash in my hand waving it at taxis (foolish in NYC lol). Still reaching the same delay in a response, while watching several empty taxis driving by. I’ve also been on the street where the yellow cabs would pull up to a non person of color right next to me and signal for them to get in. Long story short, IMO Uber & Lyft are a god send.

@dl1083 Жыл бұрын

Can CNBC’s videos survive my attention span?

@thesetimes1788 Жыл бұрын

Not with this mono tone dude

@vmtl4659 Жыл бұрын

😂😂

@puddinjr1121 Жыл бұрын

Uber is cheaper and better. While I do not live in NYC I have taken both when I have traveled there over the years. Uber is better and cheaper in almost every way. I live in a bigger southern city and Uber has pretty much put the cab services out of business. The only downfall (IMO) is the price gouging that goes on during big events such as concerts, sporting events, etc. but for your average trip to get from A-B in a quick and cheap manner, it’s uber all the way.

@Tuppoo94 8 ай бұрын

Don't think it's going to remain cheap for very long, with Uber bleeding cash year after year and soon having a monopoly over the market.

@432109878901234 Жыл бұрын

have a mortage on a house, can i ask the government to get rid of half of that?

@ivonakis Жыл бұрын

In Bulgaria there were a lot of scam taxies which charged 5-10 times the rate posted on window. The taxi union failed to do anything about it. Now drivers are slaving to few apps for calling taxi (not uber , they did outlaw it) . I have little sympathy for the drivers and the industry as a whole.

@jamesbuisf Жыл бұрын

Taxi lost customers because lots of their drivers are rude, unprofessional, only take cash in payment to avoid tax, and discriminatory against customers’ destination, etc…. I have countless times that taxi declined to pick me because I go somewhere outside downtown, or don’t bring cash for them.

@terranceaddison4599 Жыл бұрын

they gotta problem wit being racists...so add that to the list 😢

@PbPomper Жыл бұрын

It's the same in The Netherlands. Taxi companies and drivers have been screwing their customers for years. On top of being rude a lot of the time. Then they complain about Uber and even become violent. In Amsterdam the taxi wars has (and probably sitll is) been a thing for years. Fact is that most taxi companies have been super anti-consumer: they are expensive, rude, aggressive and drive like idiots. Uber with real-time location info and customer ratings just offers a superior experience. Instead of fighting it, they should learn from it.

@saralynfosnight5139 Жыл бұрын

I would feel more sympathy for these drivers if I hadn't had so many unpleasant interactions with them when I lived in New York. I lived in downtown Brooklyn for a decade, just on Atlantic Avenue. I quickly learned that I had to get in the cab before giving them my address because if I asked in advance, they would say no. Different story in Chicago. Cabs were just never around. I remember running out in Sheridan Road when a friend of mine was having a health emergency at 11 p.m. and no cabs to be seen. Eventually, we called the city and got an ambulance. A taxi would have been cheaper. Nowadays, I use my cell phone and I can get an Uber driver at any time of day or night within 10 minutes. Taxi drivers just haven't used technology effectively. When I lived in Washington, D.C., and I wanted a cab, I called for one on the telephone-way faster than Chicago. In fact, when I lived in D.C. in the 1960s, public transit was very bad. We always got around in cabs. I think it's an attitude problem in many cities, no matter what the decade.

@JoelGandara Жыл бұрын

I've never had friendly taxi drivers. I've never had rude Uber drivers.

@orlandocarrillo5552 Жыл бұрын

Someone on earth paid 1Million for a taxi cab license? SMH. How much money does a taxi driver make? Must be millions! My life is not so bad.

@TheBooban Жыл бұрын

And can’t understand banks giving loans for that. Can’t you just declare personal bankruptcy and don’t pay it off? Like people do with mortgages.

@junbun3642 Жыл бұрын

I stopped taking yellows because of the stupid partition that makes it so cramp in the back, the smell and nastiness, and the rude drivers.

@dlewis8405 Жыл бұрын

So I will answer the question - no, yellow cabs can’t survive Uber and Lyft. The robotaxi will be a thing in ten years. A smart cab driver would either retire if they are able or declare bankruptcy and start over in something else.

@jayh6900 Жыл бұрын

Declaring bankruptcy isn’t so easy when many of these drivers have other assets they can still lose, it isn’t some magic wand

@SunFishStudent Жыл бұрын

Same situation in Paris. The taxi licence is very expensive compare to the rest of the country and reason behind was "there is a lot of money to make". But with Uber and the others comming into the dance, competition is real now. The "new" drivers kind of bought a stock from a falling corp.

@hagakuru 11 ай бұрын

The taxi industry was successfully disrupted for a reason. Sadly, the taxi industry learned nothing from it and has not implemented anything to improve it.

@Kinglioncrown Жыл бұрын

taxi cabs cost to much

@MEOWMIX305 Жыл бұрын

Lemme get this straight....you pay a million for a medallion.....the market crashes...and now you want someone else to bail you out for the stupidity that you caused??? unbelievable...only in america..

@Bart-dg6qv Жыл бұрын

Funny, it was all good fifty years ago. Now suddenly it's Uber fault. No questions about taxes, licenses fares and fees.

@GregoryDaSilva-vz7gl Жыл бұрын

I remember a taxi driver calling the police on sister mom and I. Was very little he pull to the side of the ride and threw our bags out. Never rode a taxi again. This was before Uber and Lyft was a thing in the early in the mid 2000s and when the police came they said we where right.

@auro1986 Жыл бұрын

can't they get their app made like uber or lyft?

@lisakimchis Жыл бұрын

I use Curb. It’s the taxi industry’s version of Uber and it’s usually cheaper.

@mattx1875 11 ай бұрын

Taxi cab drivers will try and rob you of your money, I had one that literally drove me in a giant circle and then demanded a tip, know how I knew he went in a circle? I WAS WATCHING HIS ROUTE ON GOOGLE MAPS. No sympathy for taxi drivers.

@jemiez9383 Жыл бұрын

700K or 1 millions USD for just a mere taxi license/permit with some fancy name?😊 they would be better off if they bought dividend stocks with that 1 millions. Atleast they would still getting thousand of dollar quarterly or monthly dividend for income😂 Pure absurdity that US government allowed this type of capitalism or scam going on there. But this whole taxis industry problem or dying is not happened just in the US but also happened in many foreign nations in which they cant keep up with the extreme competition and services by e-hailing companies that usually offered cheaper and good services. The way i see it for the licensed taxis to survive is they need to implement e-hailing system to their operation and tweeked it a bit to suite their operation and current time demand.

@TheBooban Жыл бұрын

In other countries they banned under and got their own app. What’s so hard about that?

@Asymmatrix Жыл бұрын

Charging yellow cab drivers a congestion fee is one of the most insane and sadistic proposals I've ever heard.

@castorchua Жыл бұрын

Give them free access to the East river

@Tuppoo94 8 ай бұрын

Absolutely. Taxis should definitely be exempt.

@bluesteel1 Жыл бұрын

At least here in India non Uber, Ola(local Uber) Taxis rip you off like crazy and take advantage of you if they think youre in a rush. In my home state taxi unions are called taxis mafias(you can guess why). If they lose money I'd say they had it coming.

@Gageypie Жыл бұрын

yeah I don’t need someone taking me on circles around the city to up the fare. They’re dishonest and try to barter with people outside port authority.

@theoblongbox4909 Жыл бұрын

I personally have a hard time feeling sorry for Taxi drivers in NYC as a whole due to the extremely long history of disgusting racism towards black people. This phenomenon even becoming so well known that it made its way to several stand up acts by world famous comedians. I do feel bad for the drivers in the video as individuals though. Also, the fact that Taxis in NYC didn't modernize and jump on the "e-hailing" thing is just dumb. People my age and definitely people younger than me don't want to call or stand outside and manually hail a cab. Much easier to just request it on the phone and not have to talk to anyone.

@jerryfranks7359 Жыл бұрын

As a yellow cab driver in Boston in the 70’s I made on the average $1300 per week working 5 days a week. Uber has screwed up everything to a point people can’t survive.

@KashifNawaz85 Жыл бұрын

I live in Saudi Arabia and recently the Taxi industry here changed a lot. Every taxi has POS for electronic payment, Meter with receipt printer and also smart screen shows the ride details and for safety there's a emergency which passenger can press to connect to police. So it's more safer then Uber to ride Taxi.

@andrew_koala2974 Жыл бұрын

The CULTure in the broader United States is that the USA is the best in everything - when in reality they are NOT. Their indoctrination with fake BS patriotism - their ignorance and arrogance prevents them learning from others and other cultures. They cannot learn how to pronounce foreign names and places properly - They cannot even pronounce SOLD-ER properly - and all the ignorant sheeple say SODER They do not understand a base 10 numerical system and are mentally stuck in the wild-west days. The list of faults with the USA is endless - and they want to teach DEMOCRACY to other countries. The US GOVERNMENT cannot get its own country in some sort of workable equitable system. As a DEMOCRACY the USA is a total failure

@ZyroZoro Жыл бұрын

A lot of people saying taxis are too expensive. You better get used to paying those prices. Uber and Lyft have literally never made a profit. They lose billions every year. They're not going to last. I don't know about Lyft, but the reason investors kept putting money into Uber is because Uber was saying they were trying to make self-driving cars. Well, Uber shut down its self-driving division in the company. So now it looks like a house of cards because the whole reason they kept getting money is gone. But investors are still giving them money for some reason even though it's a failed business because it doesn't make any money, all it does is loses money. That house of cards is going to come crashing down sooner or later. So Uber/Lyft are going to have to eventually jack up their prices if they want to survive.

@Avlful Жыл бұрын

Personally I blame Meera Joshi for allowing all these Ubers from 2014-2018 or 2012*. I do taxi part time in NYC and it’s unbearable. Garages used to charge $700 for a cab 24 hours a day for one week, now they charge $900-1000 weekly. You will be lucky to walk away with $1000 after expenses. Taxi and Limousine Commission targets drivers and issues then nonsense tickets. Then you have Uber come in with thousands of cars due to no oversight by the TLC until 2018. Now you can only get wheelchair plates for Uber/Lyft. There is no system with Uber and Lyft I got deactivated on both platforms and they take 35% of each fare. They advertised low prices in the beginning and customers only take cabs when it’s surging.

@Ghoxtfire Жыл бұрын

If you got deactivated on both platform then you are the perfect example on why taxis are a thing of the past.

@Avlful Жыл бұрын

@@Ghoxtfire no false passenger reports.

@QuarioQuario54321 Жыл бұрын

Who even runs them? I'd try and make them cheaper and allow them in certain areas normal cars are restricted from

@LowsJuan Жыл бұрын

So Yellow taxis had the monopoly for a long time. Now the monopoly instead of being city wide, it will be Nation or world wide. This is definitely the honeymoon period for ride share. Once the reality of slave wages and being treated like dirt by both your bosses and customers, sets in, rude drivers will return. Who doesn't love coming to work and having your boss saying press acceptance of these new conditions like lower wages, minimum 50 hour work weeks and other draconian rules , nobody! Their have been definite improvements brought by this new system, that has made the customer experience dramatically better. The lack of progress and improvements in the taxi industry can be laid at the feet of one entity. The cities lack of enforcement. The upside of Rideshare is that now you have the opportunity to share a small enclosed space with a very special group of people Pedophiles, rapists and Serial killers.

@willybeama1 Жыл бұрын

As a black guy who remembers how racist NYC cabs once were, I could care less if they disappear.

@andreward8268 Жыл бұрын

Amen

@lexluthor4156 Жыл бұрын

How do you survive the competitors that don't play by the same rule, exempt from the regulation and don't play taxes?

@TheBooban Жыл бұрын

The medallion is supposed to be a permit to allow picking up passengers. So how on earth is it legal for Uber and Lyft to operate? In many countries they are not allowed. Because the govt. sticks to the rules they themselves made.

@skiddycelery2382 Жыл бұрын

I’ve been in taxis that intentionally took a longer routes to make more money it’s usually only a good option going to and from an airport when they can’t change the price but I always check Uber first

@andrew_koala2974 Жыл бұрын

Use a decent GPS navigation app to ensure the TAXI driver is taking the best route - I have SYGIC Navigation on my phone - and the maps used are provided by TomTom ™ Neither do I need the Internet to make it work - as one can download the maps for their country

@bruh3.1459 Жыл бұрын

Someone give that man a hug, remain strong good sir.

@TheOOOOOOOOOOOOOOO Жыл бұрын

This is poor video from CNBC. What yellow cab drivers are suffering from is truly awful but this video does not address any of the reasons that led to this situation in the first place. Yellow cabs essentially monopolized the taxi service in the city. They had no competition and refused to improve their product. This is why there is no sympathy from consumers when this system failed. This video also does not address why medallion prices skyrocketed in the first place.