Not that long before taxi industry collapses then no need for Uber to put fares up as every Taxi driver is forced to sign up or go on dole (of course most Taxi drivers are non citizens so want be eligible for dole). No Surges when there is an oversupply.If the fares went up 15 - 20% and surges became a lot more frequent you're right, we'd all be a lot happier.
Our happiness is irrelevant...
UBER world dominance is all that matters...
Driver sacrifice (income and resources) is the key to Uber's success (not technology) and by destroying and absorbing all competition we are creating an oversupply.