Essay Plan (Different statistics to use (The price of a single medallion…
Different statistics to use
The price of a single medallion in 2013 in NYC was at $1.32 million, but as of last August they were being sold for as little as $650,000
Revolution in Taxi industry
Cities where taxis have been banned
Uber, meanwhile, which operates in 67 countries, recently raised an additional $2.1 billion for a $62.5 billion valuation
A fall in income of around 10% among salaried drivers, it resulted in a 50% rise in the number of self-employed drivers in a city
Telling drivers of Uber and Cabify: “welcome to hell.”
Brief description of the taxi revolution
What does Uber and Lyft do
Difference in prices
See the demand and supply of taxis from today
Global issue: how the world relies on technology for everything today
Peter Dimandis Data
Interview to taxi drivers
how their job has been affected since the new technology of uber
What have they done to keep with their jobs
Has the standard increased because of uber?
Demand & Supply in taxis VS. Uber
Prices and accommodates in both of them
Are users safer?
Are they cheaper?
Question: How has the taxi industry has been affected with the uber and lyft