Uber Money, Uber Everything?

Yes, Uber’s service is superior in terms of availability, convenience, and customer experience to traditional taxi and limousine service, but could it so easily have overpowered the incumbents without access to billions of dollars in investment capital, which allowed it to subsidize lower prices for consumers and pay incentives to drivers? Arguably

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Software will eat financial markets, cut out middle men, and turn investing into an experience from which consumers get more than a financial return. Still, only a relatively wealthy subset of consumers participate in financial markets; for software’s impact here to be truly revolutionary, it will need to increase access and participation in the ma... See more