Rattner Sees Ride-Sharing as Biggest Threat to Autos

The video discusses the transformation of the auto industry driven by ride sharing, driverless cars, and electrification. It highlights the inefficiency of current car usage and the potential shift to a subscription model. The competition between traditional automakers and tech companies like Google and Uber is explored, with a focus on the importance of software in self-driving technology. The video predicts incremental advancements in self-driving cars over the next 5 to 10 years, emphasizing safety concerns and the potential for a profitable business model through software licensing.

What are the three major factors driving the transformation in the auto industry?

• Ride-sharing, driverless cars, and electrification

• Electric cars, public transport, and carpooling

• Carpooling, driverless cars, and electric bikes

• Hybrid cars, ride-sharing, and public transport

Why might ride-sharing pose a significant threat to traditional car ownership?

• It reduces the need for multiple cars per household

• It increases the cost of car maintenance

• It makes cars more expensive to purchase

• It decreases the availability of parking spaces

What is considered a comparative advantage in the development of driverless cars?

• Software development

• Manufacturing expertise

• Fuel efficiency

• Marketing strategies

Which companies are mentioned as working on self-driving technology?

• Nissan, Toyota, and Honda

• Google, Uber, and Apple

• Tesla, Ford, and BMW

• Microsoft, Intel, and IBM

What is the expected timeline for cars to be fully self-driving?

• 15 to 20 years

• 5 to 10 years

• 3 to 4 years

• 1 to 2 years