Are Uber And Hailo really putting taxi companies out of business
Call me a skeptic, but I see Apple, Netflix and Amazon no incrementally renovating and augmenting around their original innovation themes. The list of one-time big breakthroughs is much longer than the list of companies really innovating over and over again. I'd also submit that some innovation themes are overstated. From what I can tell, the list of failed Uber and Hailo copycat apps is much, much longer than the list of taxi companies going out of business because they're not hip to mobile opportunities. In short, don't discount innovation, but don't expect too much from it, either.