My friend Tim Lee revisits his experiment driving for Lyft and finds the business model underdelivering on its promise. It's a good piece, though one thing he only briefly alludes to is ride-sharing's role in breaking taxi cartels. Artificial scarcity made taxi service terrible in Portland, and whatever else they do, Uber and Lyft have transformed that for the better.
I drove for Lyft for a week and learned its business model is broken
fullstackeconomics.com