It saddens me to say it, but we are approaching the end of the automotive era.
The auto industry is on an accelerating change curve. For hundreds of years, the horse was the prime mover of humans and for the past 120 years it has been the automobile. Now we are approaching the end of the line for the automobile because travel will be in standardized modules. The end state will be the fully autonomous module with no capability for the driver to exercise command. You will call for it, it will arrive at your location, you’ll get in, input your destination and go to the freeway. (…)
Most of these standardized modules will be purchased and owned by the Ubers and Lyfts and God knows what other companies that will enter the transportation business in the future. (…)
This transition will be largely complete in 20 years.
Bob Lutz, former vice chairman and head of product development at General Motors, on the future of the automotive industry. We have been talking about this for a long time, but it’s impressive to hear it from an industry leader with decades of experience in the field.via autonews.com