Sure, if you're somewhere where Uber is as available as a Taxi and charging more, then you should be hiring taxis if that's your experience. In my experience, Uber is still a bit cheaper than the taxis I've hired and a better experience.

I find it hard to believe that most people find Uber to be a equal or worse experience that they're paying "dramatically more" for, but still buy it anyway. It's also not as if the Taxi companies aren't taking home the bulk of the profits in the old system. It's bad all the way around.