re: Uber opens its books to bloomberg

Doubt it plays out like that for the middle class. Think soccer moms, etc. Many people like the security of owning their car if they can afford it. And right now, car ownership is a pretty easily attainable thing for the middle class. And if recent trends are any indication, many of them like the inherent luxury of SUVs.

There is somewhat of a debate on whether we see increased urbanization or suburbanization in the future. More urbanization means fewer cars owned, but that is to some degree inevitable anyway.

Something unrelated that I like to contemplate... self driving cars are definitely an exciting development for disabled folks. Imagine a blind person being able to run errands unassisted. Their car gets them to the store and parks itself, then swings back by to pick them back up.