The numbers, as reported by JP Mangalindan for Fortune, are staggering:
The San Francisco Cab Drivers Association (SFCDA), an association for registered taxi drivers that promotes fair working conditions and business practice, reports that one-third of the 8,500 or so taxi drivers in San Francisco – over 2,800 – have ditched driving a registered cab in the last 12 months to drive for a private transportation startup like Uber, Lyft or Sidecar instead.
Read that again. One-third. Twelve months. We tend to throw around the term “disruption” way too often these days, basically stripping it of all meaning. But this is actual disruption. And it’s disruption in such a short amount of time that it can truly be felt by all.
These days, it seems like the phrase “too good to be true” has a very positive connotation. That is, we often hear it used about a great deal that seems too good to be true, yet somehow is true. But recently, I’ve come across the flip-side of “too good to be true”. That is, a deal that seems too good to be true, because it is not true.
And I’ve actually come across such a deal twice in the past year. And both times I was doing the same thing: searching for apartments online.
We all know what a pain in the ass it is to search for apartments. The internet has alleviated that pain in many respects (and continues to with new startups). But it has also created new, sort of terrifying pains.