ber is taking over the world one city at a time. And taxi drivers, regulations and unethical leadership have not hindered its international growth in the slightest. Whether it is due to the “mandate of the people” or Uber’s blatant disregard for laws, the ride-sharing service has been a major success and is now on its way to China. Racing after an initial public offering, Uber is about to hit its biggest speed bump so far. As it heads toward China, the company will encounter a challenge it has not yet faced: the millions of Chinese taxi drivers and their local taxi cartels. With job loss being the most threatening effect to a community, Uber CEO Travis Kalanick claims that Uber creates jobs, yet he does so in a Silicon Valley “New-Economy” kind of way. But critics argue that his statements are blatantly inaccurate due to the simple economics of taxi drivers. An influx of drivers drags prices down, and local taxis can’t compete when Uber drivers don’t have to pay for the licensing and insurance that a regulated taxi driver is required to have. This has caused many protests across the world. From France to Hong Kong, bans on Uber have been enacted following protests by taxi drivers.
Uber’s response has ultimately been to ignore the bans, as it sees its intrusion into the market as “privileged confrontation” instead of breaking the law. Although Uber is a creative disruption that has made transportation easier and more accessible for many people, it is also a clear exploitation of the laws to earn a profit with no regard to the institutions in place.
Uber Hitting Top Gear China || NTDTV中国电视新闻网