I had Uber eats delivered the other day by a guy driving a beautiful newish BMW who seemed like an out of work white collar worker, not a livery driver. There is tremendous value in having short-term, minimal commitment structured employment options available, the services I recommend offer more value to employees than they cost because they are hard to find in a turnkey fashion for someone who needs them.
This is a tragedy of the commons problem: Uber is footing an addiction to cheap transport nobody knows how to satiate.
Just ride a bike. Not an option in the burbs, for sure, but taking an uber is not an efficiency gain the way public transit or bicycles are.
IMHO low density communities will die. They cannot be saved.
It ends with Uber running out of money. Higher interest rates would end Uber very quickly, unless it has some very wealthy patróns that aren't actually interested in making money.