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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

Reported by Fortune · fortune.com · August 31, 2026

Uber president and COO Andrew Macdonald predicts that in two decades, most people will get around by bike, scooter, public transit, or autonomous vehicle.

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What to watch: Monitor Markets for follow-through — insufficient signal for directional thesis.

Market reaction today: $UBER -0.26%

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