“Vested interests may be harmed by the injection of consumer choice into the market, but the reaction – to ban and aggressively regulate – may not stem the appearance of flexible electronic facilities that enable consumer choice in a variety of industries. Electronic aps like Airbnb and Uber are bringing down prices and contributing to traveling convenience. Despite efforts to do away with such services, the likelihood of long-term success is probably no better than that of Luddites who used to smash machines with pickaxes and sledgehammers. The ‘machine age’ survived and so probably will Airbnb and Uber – or at least variants.”
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