Quote:
Originally Posted by dave8721
It seems all of the below depend on #1 but why would #1 be so? Assuming they were able to make autonomous cars relatively affordable (maybe a tenuous assumption), why would people abandon their own self driving car for a sharing service that they would have to wait for?
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Rideshare is most attractive to people who don't use cars as part of a regular work/school commute, but need them a few times per week to a few times per month for other reasons, like shopping trips and socialization.
Essentially add up all the costs for owning a car right now, including car payments, insurance, repairs, gas, oil changes, registration, drivers licence renewal, and potentially property tax depending upon if cars are taxed in your state. That is the annual cost for you to own a car. In 2015 this was roughly $6,000 for the average household. Now, the average American drives around 280 hours per year, meaning the hourly cost for owning a car is around $21.43. But if you have similar annual costs, but you drive 1/5th as much, your cost per hour of driving is over $100 per hour.
Traditionally speaking, it's already cheaper for many of these occasional drivers to use other systems, like taxis, rental cars, and transit. The problem historically with such services is they are a hassle. Traditional taxis can take over an hour to arrive, and may not come at all. Transit systems for off-peak travel between non-core neighborhoods are weak and have spotty schedules. if you want to rent a car, you need to first travel to a certain locale usually far from your house. The hassle makes the lower cost not worthwhile in terms of metal energy to many consumers.
Ridesharing is already taking much of the hassle out for people, even when human drivers are included. Once there are no more rideshare drivers, the cost should fall further, and the hailed rides should get there faster. At that point, there is no logical reason to own a car any more.
Do I think everyone will ditch their cars at once? Absolutely not, if for no other reason for the fact that used cars won't be worth crap. But I do think that young people who had no history of driving cars will see no reason to begin to drive, meaning within a generation or two mass car ownership will collapse.