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

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[–]happysmash27 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

My proposed solution: Just make sure there are more seats in the cars than people. In good times, people can ride alone if they want, but in bad times, they can just carpool.

[–]AutoNewsblaster[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

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