Well not completely, there will still exist for a long time but they will be drastically reduced in size and will be more of the UBER type and not the regular taxi services you see around you today.
For those that do not know Waze, this is an app that regular commuters have on their dashboard on their way back and from work. Why do we need a GPS navigation app on if we know our rout like the back of our hands , you ask?
Because it is a crowdsourcing wonder. Drivers work collaboratively to tell other drivers of impending dangers on the road like cars stopped, accidents, police scanners and more importantly -- traffic.
For traffic, users do not even have to actively report it, the app is able to deduce from your average speed if you are in a congestion and will alert and automatically re-route other waze users to their destination through the least congested path.
When I leave home I simply turn on the app and it automatically suggests that I am leaving to my place of work. I do not even have to touch the screen and I am off. The app know me, knows my commuting patterns and locations and so ... when I heard about this new development of carpooling by Waze I was not the least bit surprised.
Waze knows their drivers well... it knows where we are driving to and at what times, so they and can act as the middleman to find our perfect car-pooling match.
This is the future to get our roads less congested and decrease pollution and at the same time save people a lot of money in fuel.
It all is part of a society increasingly turning to a sharing of goods and services instead of a purchasing them.
This new sharing economy will disrupt many markets and industries and Taxis... well if they were not feeling disrupted... they will soon!