ownership for a service model may actually make more sense in the long-term. Uber , a futurist and senior fellow at Business Insider told the Institute for Ethics and Emerging Technologies that he believes that transportation networks like Uber combined with self-driving cars will kill off the need for people to own a car in the next few decades . He explains the transition will come as a huge culture shift in the next few decades , instead claiming that owning cars will simply be for hobbyists and not transportation purposes. In the next few decades the self-driving car market is expected to reach $87 billion according to Lux Research .
Uber , a futurist and senior fellow at Business Insider told the Institute for Ethics and Emerging Technologies that he believes that transportation networks like Uber combined with self-driving cars will kill off the need for people to own a car in the next few decades . He explains the transition will come as a huge culture shift in the next few decades , instead claiming that owning cars will simply be for hobbyists and not transportation purposes. In the next few decades the self-driving car market is expected to reach $87 billion according to Lux Research .