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
- Posted on August 31, 2026
- By Fortune
- 1 Views
- 1 min read
In brief
Uber's top executive envisions a transportation revolution where private car ownership becomes obsolete within 15-20 years. This shift stems from the recognition that vehicles represent underutilized, expensive assets sitting idle most of the time. The future mobility landscape will prioritize shared and autonomous transportation options, micromobility solutions like bikes and scooters, and integrated public transit systems. This transformation could fundamentally reshape urban planning, reduce congestion, and lower individual transportation costs through collaborative mobility ecosystems.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
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.
