Uber executive predicts car ownership and driver's licenses will fade within 15 to 20 years

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  • Andrew Macdonald predicts personal car ownership will largely disappear within 15 to 20 years.
  • New-car prices have risen roughly 30% over six years, while vehicles sit idle 98% daily.
  • Uber partners with Waymo and Waabi to bring autonomous vehicles onto its ride-hailing network.
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