It's funny how "exploit workers worse (medallions) and worse (rideshares) until we can fully cut them out" has played out in such a perfect microcosm, and yet somehow people here don't seem to register that it was never the workers' own fault.
Taxis didn't lose because rideshares played the game better, they lost because rideshare companies used investor money to leapfrog their apps, ignored actual commercial transport regulations that would have made them DOA, and then exploited workers by claiming they weren't even employees, all so they could artificially undercut taxis to kill them off and capture the market before enshittifying.
Taxis didn't lose because rideshares played the game better, they lost because rideshare companies used investor money to leapfrog their apps, ignored actual commercial transport regulations that would have made them DOA, and then exploited workers by claiming they weren't even employees, all so they could artificially undercut taxis to kill them off and capture the market before enshittifying.