Industry analysts expect even bigger things from Uber in the coming year as the San Francisco-based company uses its cash to hire new drivers and push into new territories globally, even as it battles the old-guard taxi industry and municipal regulators who seem more anachronistic by the day. Daniel Sperling, Founding Director of the Institute of Transportation Studies at UC Davis, says that while Uber “will continue to do battle with local and state authorities, it’s pretty clear that they’ve got a very good business model, they’ve got a lot of momentum, and they’ve got a very good product that people love. They’ll figure out a way around the challenges because it’s clear they provide a valuable service. And that’ll force regulators to reassess their rules, some of which were written up years ago and make absolutely no sense today.’’
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