If you just bought a car and it lasts you for another 20 or 25 years, there's a good chance you'll never buy another. Why?
Pair emerging tech like Google's self-driving car with transportation app Lyft and it's looking like no one will need to own a car in about 25-30 years.
Jamais Cascio, a futurist and senior fellow at the Institute for Ethics and Emerging Technologies, told Business Insider:
"It is going to be a more cultural shift even more than a technological shift because we have this romantic culture around cars and we are going to look back at that in the same kind of wistful way that we looked back at the relationship people had with horses. ... You will probably have school girls with all kinds of model cars around the room instead of model horses. You will have people who really enjoy personally owned cars, but for the same reason people own horses today. It's not a utility; it's something that is a romantic hobby."
But what are the reasons? Self-driving cars are generally safer than some of the maniacs on the road today. These cars are also more energy efficient and who wouldn't want to press a button and have a self-driving car right at your service? In fact, according to Business Insider, the self-driving car market should explode, reaching $87 billion, so it would make perfect sense to use a network of these cars instead of owning your own.
What do you think? Will we not own cars by 2040? Are you skeptical? Let me know your opinions by posting in the comments below.