Is ridesharing safe?
According to the report made by the CATO Institute on January 2015, there is little evidence that the sharing economy services are more dangerous than traditional taxis. Indeed, the rideshare business model offers big safety advantages as far as drivers are concerned.
• Uber and Lyft rides, by contrast, are notable for two reasons: no cash ever changes hands, and passengers are not anonymous. These important differences remove major incentives for violent assaults and furthermore ensure that any Uber or Lyft passenger who commits a crime during a ride will be easier to apprehend.
• Uber and Lyft passengers rate drivers at the end of trips, which allows for quick feedback from customers. The ability rideshare passengers must report a driver’s behavior quickly via a rating system is an improvement over many of the processes in place for reporting bad taxi drivers.
• Uber, like other rideshare companies, has an enormous financial incentive to do the right thing. Unlike traditional taxi companies that often enjoy a legally protected monopoly, rideshare companies face plenty of competition. Accordingly, if they don’t meet their customer’s reasonable expectations of privacy, they will pay for their failure in the marketplace.
Furthermore, Uber records the details of every ride, including the identities of the driver and passenger, the date and time o the trip, and the pick-up and drop-off locations. Compare that with a cab ride, where passengers generally travel anonymously and there’s no verification of whether they reached their destination safely, other than the word of the driver. An Uber driver can’t lie about whether he picked up someone or dropped them off at their destination.