Look at any of these tech companies’ history. They corner the market by operating at massive losses that VCs can foot for, like, a decade. And then when they’ve driven out other options, they abuse the fuck out of customers. They “disrupt” by obliterating, and that’s when they move for the kill shot: ever-expanding profits.
This is not a good thing. Even in NYC, where the MTA is a massive chunk of money, we have one of the slowest bus systems in the world. That’s through no fault of the busses, mind, this is the cars fault. And, kinda Uber’s fault. The traffic is so bad, even where busses have their own lanes, the traffic slows that shit down like crazy.
Depending on the govt (Adams would probably jump at this, whoever his successor will be will obviously determine how it’d go), the city sees $$$ and sacrifices the long term well-being of the city for their own “successes” while in office. And money/budget is always a crunch, no matter the place. So if Uber wanted to “disrupt” NYC by basically taking over busses or getting a contract to use the bus stops and bus lanes, the govt saves money while generating revenue because those VCs are eyeing the long term where they can ultimately make the city reliant on their services and force people to contribute to their bottom line. Our trains are great, but they don’t go everywhere, sometimes busses are necessary, especially for outerborough people and historically poorer neighborhoods. You can see those areas on the train map, because trains basically avoid them.
Trusting vampiric capitalists with any public good is a fuckin stupid thing to do. Look at healthcare. How we have privatized healthcare is beyond me, but look at the state of it. Now, this is more expanding on the conversation than actually replying directly to your question, but it sort of does get at the heart of it. For a time, we would get more transportation. It wouldn’t be public, it’d be private. But it wouldn’t solve the issues. It’d just create new ones.