As I’ve said here before, it’s in every way a Good Thing if all ride-for-hire services, whether traditional taxis, Uber, or anything else, are required to meet meaningful standards for vehicle safety, insurance of both vehicles and drivers, and bonding.
The Bad Thing is regulation that artificially restricts the number of safe, insured vehicles that can enter the market. That is corrupt regulatory-capture bullshit and I say to hell with it.