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I could see it going either way. I actually have become more likely to use transit since ride-hailing is so much easier—if I'm ever stranded anywhere (lack of g
by organsnyder 9y ago
I could see it going either way. I actually have become more likely to use transit since ride-hailing is so much easier—if I'm ever stranded anywhere (lack of good bus route, after hours, etc.), I just have to open the Lyft app.
Furthermore, when car ownership is no longer considered a necessity (as it is today in most of the US), the economics will change. Right now, my personal vehicle is a sunk cost, so I view car trips as costing close to zero—unlike the up-front, immediate transactions inherent to taking the bus or Lyft. Once I no longer own that vehicle (I'm not planning to replace it), all of my options will be on more equal footing, since they'll all be priced per-trip. Even self-driving vehicles will not be able to compete with mass transit when they're both priced similarly.
- Retric 9y agoExactly, owning a car in a city can easily cost 25+$/day. That buys a lot of public transportation.
- lurr 9y agoBut I get value beyond just point A-B travel out of that.
- criddell 9y agoSelf driving cars will eventually be much, much less expensive to own and operate than cards of today. That's assuming there isn't a massive per-mile tax imposed. I would also guess public transportation will evolve as well. I could see small and medium sized cities getting rid of buses, fixed schedules, and fixed routes and instead deploy a fleet of van-sized vehicles to pick up people on demand. I could see this as being something that gets outsourced to Uber and Lyft. Maybe it will be less expensive and better to just subsidize rides from private companies.
- Retric 9y agoMechanically, self driving cars are not going to be cheaper to build or maintain, and they will need just as much fuel if not significantly more to go park somewhere distant. You also need 2 parking spaces @ 100+$/month (one at home, one at the office) and pay to park other places. Insurance might get slightly cheaper, but I don't see the economics changing much and the added electronics are not going to be free.
- organsnyder 9y agoYou're assuming that the ownership model stays the same. Many people (myself included) are predicting that the convenience and low cost of autonomous ride-hailing services will make car ownership a frivolity, much like owning an additional non-daily-driver is today.
- Retric 9y agoWhile self driving cars are likely to make ride hailing cheaper, that does not translate to cheaper car ownership.
- organsnyder 9y agoOf course. But it does translate into cheaper transportation options. Many people may opt out of car ownership once ride hailing reaches a certain level of affordability.
- criddell 9y agoElectronics will do what they always do - get cheaper and better. The cars (eventually) will not be like current cars. If they don't crash, they don't need as many safety features. They can be made much lighter and from cheaper materials. When the car is way lighter, it can use a smaller, simpler drivetrain. They will likely be electric. Maintenance on electric cars is far less than gasoline or diesel vehicles. Your robot car will likely be serviced by another robot. Don't think of a Lexus with an instrument package bolted to the roof, think about adding a few hundred dollars of sensors and actuators on a fancy golf cart. I wouldn't be surprised if self driving cars are eventually available for less than $10,000. I think the low cost of the vehicles combined with the low cost of operating them will result in an explosion of ownership, not a reduction. I think when the cost of the vehicle drops and the cost of a trip drops, more vehicles will be sold and more trips will be made.
- Retric 9y agoA self driving golf cart is not a self driving car. Until we outlaw humans from driving anything self driving cars will need all their current safety tech. That might happen in 100+ years, but it may also never happen because hitting something due to mechanical / software failure is always going to be possible. PS: Adding a camera may get cheaper over time, that does not mean it's ever cheaper than not having one in the first place.
- aninhumer 9y ago> Even self-driving vehicles will not be able to compete with mass transit when they're both priced similarly. I think there's likely to end up being a third option: Public transport with self-driving cars for last mile at each end. That way you have the convenience of door-to-door, combined with the efficiency of mass transit for the bulk of traffic. There are also other advantages, like it expands the effective catchment area of stations, making them more viable even at lower densities. And the cars themselves can be much smaller and more efficient as well, since they don't need the range, and they don't need to be as comfortable if people are only sitting in them for ~5mins.
- danans 9y ago> I think there's likely to end up being a third option: Public transport with self-driving cars for last mile at each end. And maybe a fourth one: self-driving road based mass-transit (autonomous buses basically).