The risks of ridesharing as a model for the transportation economy: it’s a lot like fractional reserve banking | AutoNewsblaster by AutoNewsblaster in Automotive

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Thanks for the comment. I was so intrigued with the elegant simplicity of what you propose—which at a certain level does seem glaringly obvious—that I wrote a follow-up piece that posits a simple model to try to work out the feasibility, pros & cons, etc. Further comment welcome! One question out of curiosity: where do you stand on the future of personal ownership of vehicles? Are you comfortable with the prospect of its demise, or perhaps even an advocate for the end of personal ownership? https://autonewsblaster.com/2019/05/just-make-sure-there-are-more-seats-in-the-cars-than-people-is-there-a-simple-solution-to-objections-to-the-end-of-personal-vehicle-ownership.html