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The difference between the Forbes article and the Economist article is the Economist article cites facts and figures.

Economies tend to be more complicated than you think. For example: ATMs may have led to an increase in banking activity, and a perception of greater value for bank accounts, which may have actually led to a greater demand for local branches and thank tellers.



So in other words, taxi drivers should not be afraid of Uber.

Thank you for making that clear. :)

Please go tell them that. I'm sure that will put them at ease.


...no, I think what the comment parent is saying is that ATMs:Bank tellers :: Uber : Taxi drivers is not a valid analogy.




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