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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’s COO says the classic rite of getting a driver’s license could disappear in 15–20 years as bikes, scooters, public transit and autonomous vehicles make car ownership unnecessary.
  • He argues privately owned cars are wildly inefficient and expensive (idle ~98%; new-vehicle prices up ~30% in six years), which favors shared and autonomous transport.
  • Uber is shifting to become a platform for self-driving fleets—partnering with Waymo/Waabi and even paying drivers to train AV AI—while autonomous vehicles are already rolling out in cities.
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