Companies like Uber encourage innovation technology and improve consumers’ lives

By Scott Rasmussen

Published May 30, 2014 3:46pm ET

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Companies like Uber encourage innovation technology and improve consumers’ lives — Uber is a great example of how digital technology is improving our quality of life. Not only does it serve consumers, other companies are doing the same across many industries. (AP Photo) | Rafiq Maqbool

For people who’ve ever struggled to find a taxi, Uber is great news. If you’re in a decent-sized city, download its app, register, and you’ll never wait for a taxi again.

When you need a ride, all you have to do is pull out your phone, enter your request, and a car will be waiting. The reasonable payments are handled automatically, and the lack of hassle is a blessing. The firm’s website says “Time, value, and convenience: You can have it all.”

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Consumers Scott Rasmussen Transportation Uber