Autonomy is coming fast. The Transportation Industry Is Preparing For The End Of Carcatecture (Our lives and environment based on the auto)

The private car ownership business model makes no sense.

Riders could use their smartphones to summon cars of their choice. Fares would be calculated in advance, and on per mile basis, just like a current Lyft or Uber ride. And when the vehicle was no longer needed, it would drive away to its next fare.

A widely cited 2017 study from researchers at ETH Zurich, a Swiss science, technology and engineering university, predicted current taxi and rideshare fares could be slashed by 85% through the use of autonomous technologies.

You can imagine the immediate implications. Cities would become more dense, with fewer parking spaces. Traffic jams, road stress and fatalities will be largely eliminated. Smog would be reduced. And car ownership would become the domain of hobbyists except for people who wish to travel relatively long distances outside their metro area.