Scooters have advantages over bikes as well for this type of usage. It is far easier to switch to pedestrian mode (i.e. walking next to the scooter) when you need to navigate a crowded cross walk or slow down suddenly and get up on the sidewalk when an aggressive taxi/Lyft/bus stops short in front of you or turns across you. Your center of gravity is lower than on a bike lessening the impact from falls in some cases.
The parking debate seems pretty bimodal and has been debated seemingly endlessly already...
The safety concerns complaint is interesting. Lots of bikers already ride without helmets but no one seems to care/complain about them too much. Lots of complaints about safety riding on the sidewalks, but I haven't seen much hard evidence that collisions are actually happening en masse.
A 10-15 mph cap in SF seems totaly fine for what is meant to be a casual, relatively short distance means of travel.
How are you concluding that the economics are mediocre?