Uber economy could kill off taxis and help fight global warming

Ride-hailing and ride-sharing services such as Uber, Lyft and Via that boost carpooling could eliminate the need for of as much as 98% of the 14,000 taxis in New York City (NYC), according to a new study by MIT.

The study, published in a peer-reviewed scientific publication, used mathematical models based on groups of riders in a self-driving fleet in real time, something not currently available but an idea ride-hailing services such as Uber and Lyft are planning to deploy.

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