You keep on talking about the service being awesome. I am sure it is. But you are again ignoring the safety issue and the big money being siphoned out. Uber and other 'ride-sharing' services are totally unregulated. You are also ignoring the price-gouging by Uber. You are talking about anecdotes (new year's eve e.g.). 4 am on NY eve doesn't pop out of no where, people should be ready for it. If you are talking about taxi shortages, then the solution is more taxi licences, not allowing just anyone to start driving around and picking up people in his/her vehicles.
By the way, and this is important, did you know Uber jacks up its price during 'peak times'. People have been charged more than 5 times the regular price. I am sure you would love to be billed 200 bucks for a five minutes ride when you wake up on January 1 and look at your credit card statement.
Here is the link, if you don't believe it.
http://montreal.ctvnews.ca/price-go...w-year-s-eve-rates-anger-passengers-1.2721323
and this one
http://bgr.com/2016/01/04/new-years-eve-uber-surge-pricing-reactions/
The two items above are not the first and certainly not the last examples of "awesome" service, as you put it.
You can argue "buyer beware" but you are willing to ignore a horrible practice of price gouging. Like someone pointed out above, would you be ok if a new airline came on scene that was not required to have trained pilots, its planes not required to be maintained and inspected regularly and why? because the planes look good?
Well, each to their own I guess, but honestly, although I know taxi industry has big holes to fill, but I would never take Uber.
Cheers.