People are confusing the economics of the business of individual ride-sharing services like Uber and GoCatch with the fact that these services are disrupting traditional taxi services. Just because individual ride-sharing services are disrupting traditional taxi services does not mean that individual ride-sharing services will ever enjoy great economics as businesses.
Uber is currently a massive money loser and the economics of the business of ride-services strongly suggests that it will never be the super-profitable, capital-light, high-return-on-capital business that its admirers forecast it to be. For an explanation of why that may be so, see here:
