New York City’s iconic yellow taxis face an uncertain future as ride-hailing services and shifting transportation trends reshape urban mobility. The article examines whether traditional taxi medallions—once a lucrative investment—will remain viable amid declining demand and regulatory pressures. Experts weigh in on how technological advancements and policy changes could determine whether taxis survive as a staple of the city’s streets. A look at the economic and cultural forces at play for drivers and commuters alike.
Will NYC taxis still be here in 20 years? cbsnews.com