The ride share economy is a classic example of the government just waiting for something to break the strangle hold of a powerful institution, taxi companies. They had created a monster they couldn't touch by law by artificially restricting cab numbers and making licence plates worth hundreds of thousands of dollars when the issue fee is a few hundred. Add to that a taxi directorate that was a law unto itself. The situation could have been fixed years ago with unlimited licences available and proper rules and conditions for drivers which would have self stabilised the industry. Instead the money involved led to a corrupt system where drivers made no more than basic wage and plate owners played ponzi scheme with cars. Now you have an unlimited amount of cars with unlimited drivers with no minimum conditions which will just end up eventually in a mess once the novelty runs out.