Been thinking re Uber & Lyft. With telecom networks, governments subsidized “laying cable” so we could use a phone & the Web. Uber & Lyft needed private $ to lay cable. Ridesharing isn’t perfect but a net-positive for society. But w/o that subsidy, how to generate the return?
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Replying to @semil
Other forms of transport (like railroads) were financed with federal government loans to private entrepreneurs. In certain cases where the economics ceased to make sense, they became nationalized/municipalized. That’s actually what
@sfmta_muni is....2 replies 0 retweets 5 likes -
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6:48 AM - 8 Oct 2019
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