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Despite stalled growth in China, Brazil and Russia, a wave of newly middle-class travelers from the BRICs and beyond will start visiting international destinations in the coming decades — dwarfing the numbers we’ve seen thus far.
Uber is right that many existing ground transportation rules are about the incumbents, not the consumer. But it’s so tiring to hear them complain about having to abide by rules others have to live with.
Uber CEO Travis Kalanick is not pleased with the Seattle City Council’s current moves towards regulating Uber and other ridesharing companies.
On a conference call about his company’s decision to expand its insurance coverage, Kalanick was asked about how UberX would operate in Seattle if the City Council voted to limit the number of drivers the company could have on the road at any given time.
“I think the short answer is that the rules are designed to incapacitate Uber and make it unusable,” Kalanick said.