That was my thought as well. Bay Area cabs are disgustingly overpriced already, especially with that slimy 50% surcharge they include if you go to, e.g. Palo Alto.

Anything that destroys the medallion mafia I support, however. Cabs aren't expensive because cabbies are living it up, but because of a class of parasitic rent-seekers who really need to be washed into the ocean.