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While Uber's impact on the ταξι industry is clearly not a joke, the market valuation of the corporate may well be. Uber is not yet publicly traded, but its market value has been estimated as being as high as $70 billion.
Because of uberX and alike, this bubble will burst—I consider it already burst—and 1000's and thousands hard working drivers will start making more money for themselves and not for ταξι license homeowners.
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The inflation tax is about 20% annually beginning in 2008 if you happen to use the outdated definition of inflation (inflating of the cash provide and not the new definition that means inflating of the costs).