The Third Transportation Revolution – Lyft CEO (Sep 18, 2016)

Lyft CEO John Zimmer makes two strong claims in this piece: autonomous vehicles will account for the majority of Lyft rides within 5 years (i.e. by 2021), and private car ownership will all but end in major US cities by 2025. Both of these claims are directionally correct – autonomous cars are absolutely coming, and thanks to ride sharing, many city dwellers will eventually abandon car ownership. But the timelines for both are likely dramatically over-optimistic. Most major car manufacturers aren’t talking about having production autonomous cars on the road until the early 2020s, and car ownership trends will shift much more slowly too. We therefore have to ask to what extent Lyft’s business plans are based on these over-optimistic goals.

via The Third Transportation Revolution – Medium


The company, topic, and narrative tags below will take you to other posts with the same tags. The narrative link(s) will also take you to the narrative essay which provides additional context behind the post.

Vote for or share this post

Use the Like button below to vote for this post as one of the most important of the week. The posts voted most important are more likely to be included in the News Roundup podcast episode I do each week. Or use the sharing buttons to share a link to this post to social networks or other services.