You’re conveniently ignoring the fact that Uber and Lyft don’t have to follow the same rules and regulations as the taxi industry.

They were overpriced in part because of all the regulations, standards, specialized equipment, medallion taxes, etc.

Uber / Lyft we’re allowed to compete in the same space but without having to follow the same rules and regulations.

A person is not going to build an accurate database of your every movement for the next 20 years and sell it to anyone who pays.

>an executive’s sole duty is to maximize shareholder value (in the short term)

This is what gets you promotion or a better job opportunity.

For most C-suite people with business school background the primary duty is not to the company but to their careers.