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Uber exec: Driver's licenses, car ownership obsolete in 15-20 years

Uber President and COO Andrew MacDonald predicts that in 15-20 years, car ownership and driver's licenses will become obsolete. He argues that individually owned cars are highly inefficient assets, spending most of their time idle. MacDonald envisions a future where people rely on a combination of autonomous vehicles, public transportation, bikes, and scooters for mobility, a shift that could significantly benefit Uber's platform business. AI

IMPACT Predicts a future where autonomous vehicles reduce the need for personal car ownership and driver's licenses.

RANK_REASON Opinion piece from a Fortune article quoting an Uber executive's prediction about future transportation trends.

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Uber exec: Driver's licenses, car ownership obsolete in 15-20 years

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1 / 100
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Commentary
Opinion piece from a Fortune article quoting an Uber executive's prediction about future transportation trends.
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Preston Fore ·

    The end of the driver’s license: Uber exec calls car ownership ‘the most inefficient asset’ and says no one will need one in 15 to 20 years

    Uber president and COO Andrew Macdonald predicts that in two decades, most people will get around by bike, scooter, public transit, or autonomous vehicle.