“Ultimately, we want to make it economically irrational to own and use a car”
“Uber’s goal is to demonstrate flying car capability in 2020 and have aerial ride sharing fully operational in Dallas and LA by 2023”
Futurein5Bullets
#FlyingCars
- US is home to 10 of the world’s 25 most congested cities costing $300 billion in lost income/productivity
- Aerial ride sharing may sound like sci-fi but by mid-2019, over 1 billion USD had been invested in at least 25 different flying car companies.
- Alphabet, Google’ s parent company, was amongst the first to recognize the potential and has personally funded Zee Aero, Opener and Kitty Hawk
- The marginal cost of car ownership today is 59 cents per passenger mile [It is $8.93/mile for a helicopter]. Uber’s long term target is a game-changer at 44 cents/mile – cheaper than the cost of driving.
- eVTOLS’ – electric Vertical Take-off and Landing vehicles] are being developed by a number of companies. Uber is also partnering with NASA to develop air traffic management system & design ‘mega-skyports’
By 2030, urban aviation could be a major mode of getting from point A to B.
The flying cars promised by Jetsons’ seems to be here.
#Day1/30
#FutureofTechnology
Source – Singularity Hub and Peter Diamandis’ books