This is a smart way in order to give passengers a new opportunity to be able to take a cab. We will see few buses around. but also we will see some cabs to go out of business ,because one cab can do the job of four cabs but more cabs will be needed in the future because , taxi and limousine commission will extend the program to other boroghts.here how it work;

bus stop receive one bus every 30 minute, but on taxi stand can receive up to 1000 cabs every hour.wich means taxis can transport up to 4000 people within one hour but buses only can transport 100 people with one hour, it is really a smart way .i would like to say to other taxi drivers the program will work for you and people will switch from bus stop to taxi stand.