Comment on Ask HN: What are the best examples of innovation you know?Comments−crate_barre4yLyft/Uber, simple and solved a real need, changed how people get around.−mikewarot4yLyft/Uber disrupted a previously reached equilibrium between Taxi availability, and the amount of money that could be extracted from them by regulating municipalities. It remains to be seen if this was an overall good.Taxi service goes well back into history.−BizarroLand4yAll monopolies deserve competition until perfection is achieved
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Lyft/Uber, simple and solved a real need, changed how people get around.
Lyft/Uber disrupted a previously reached equilibrium between Taxi availability, and the amount of money that could be extracted from them by regulating municipalities. It remains to be seen if this was an overall good.
Taxi service goes well back into history.
All monopolies deserve competition until perfection is achieved