Ride-sharing and car-sharing will evolve when autonomous cars emerge.

The future of mobility and self-driving vehicles is on the horizon, with on-demand business models of the Collaborative Economy setting the stage for this eventual “autonomous world.” When intelligent technology systems operate with minimal human participation in the application of driverless cars, both automakers and ride-hailing service providers face disruption.

On-demand access to transportation and carpooling services has grown significantly in recent years, with more than 11 million people in the U.S. utilizing ridesharing services today. By seamlessly ferrying customers from point A to point B at the tap of an app, Uber, Lyft, BlaBlaCar, and others are contributing to our increased preference of vehicle access versus ownership. In fact, many customers have already purchased the last car they’ll ever own.