The future of the car industry

Ride-hailing apps such as Uber, Ola and Lyft are not only challenging taxi drivers around the world, they are also disrupting the car industry as a whole as people prefer to hail a ride than buy their own set of wheels.
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The Disrupters is an original series exploring how major industries-from music and cars to hospitality-are currently being disrupted by the latest wave of digital innovation. As well as enjoying privileged access into the world biggest tech start ups we show how industry giants respond when faced with such tech-driven innovation. Do they adapt-or die?
The name of Ola's founder and chief executive officer is spelled incorrectly in this video. It should be Bhavish Aggarwal. We are sorry for the error. June 1st, 2016.
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[@jumbolarge108]

Lol Ford guy "iChatting"

[@greenscore5884]

Great showcase of ride sharing technologies. The green economy gains momentum every time someone uses shared ridership and opts out of buying a vehicle... Great video!

[@nyc863]

I appreciate the Ford CEO is trying to grapple with the future, and has a lot of product in his hair, but he transparently doesn't actually know much about young people. ("er, texting, playing video games..")

[@Nooneaskedforthis]

nothing worse then having to listen to a hip hop trivia game when you are jsut trying to get somewhere

[@eparkcommerce]

This video was really well made and I enjoyed it a lot. Thanks for creating this!

[@mark5ops1]

I like this kind of video. Not like a bunch of news just exaggerating the incident.

[@Peter-qc6ve]

Why no videos on how this will impact the parking industry?

[@zwip778]

The guy from Ford is talking with big words just like Steve Ballmer, really clueless

[@danielgreen4747]

Good to see companies like Ford getting on board. It will speed up the development and transition to self driving cars dramatically.

[@CallMeMicahT]

The internet shook the whole world.

[@michaelanderson8464]

i welcome the day when owning a car is not a need its a want only

[@herpsenderpsen]

I'm very, very glad that the taxi industry has to come up with no innovations to survive. For too long have people payed too much for their rides, it's a shame.

[@Rakendu10]

How come TESLA Wasn't mentioned?

[@mnldgbD]

Rakendu Bhattacharjee they are just a level up!!

[@joemama-fx4ig]

Rakendu Bhattacharjee look at these people, they can't even afford a toilet or smartphone much less a tesla

[@Btt8]

Rakendu Bhattacharjee Tesla actually isn’t even one of the leading autonomous driving companies

[@kdkd693]

Btt you are uninformed then

[@user-zw5ww9tz1j]

DI--- S RUP TE RS so hip

[@bosepukur]

this is an excellent channel

[@antpowell5974]

Hey, the guy from Ford is such a hip cat daddio yeh really with the cool scene man.

[@michaelanderson8464]

just subscribed i like what i am seeing thank you

[@michelevitarelli]

great video.

[@SMC01ful]

Oh God, I was driving home near dusk the other night and I seriously thought to myself the idea of driverless cars will be so much safer. First, you have to adjust your eyes to different light settings, I had to angle my head to deflect the glare from oncoming car lights, check my rear mirror, check my blindspots while changing lanes, slow down on the ridiculously dangerous curbs we have on Kiwi roads. This was while driving an automatic. You have even more going on with a manual. I think a society with highly skilled human drivers, if you prefer to use them, or using self driving cars if you like would be superb.

[@saltymonke3682]

a car with auto pilot function and auto parking ability is good when you want to go home but drunk or too tired to drive

[@and1111000]

Fast forward to December 2019, and Ford is struggling - what went wrong?

[@ChindiChitranna]

2:20, if you are wondering what language it is? #Kannada

[@ZhuJC]

Finer tuning of locations of living and working will save a lot of energy and time. Car sharing is a decent amendment of our loosely managed cities. Smart cities, citizen participation is the real power of the revolution, I think. Google map hasn't offered any services like Esri, a spatial analysis tool/service, maybe that will rewrite the whole algorithms after enough data has been collected! Think car sharing, food delivering service as a big data companies, rather than a service provider.

[@josefholzer2433]

I think there cars sells will go down because Uber will be self driving.

[@nicolasuribestanko]

Great video. Good info. Now, who's that girl in red, in the back seat of the 1950's futuristic car??? Looks like Doris Day.

[@JeanPaulAZZURRO]

No mention of the trailblazer TESLA???? the Economist always goes with the dinosaurs....pathetic!

[@gp.gonzales]

12:23 What if someone destroys the antenna while the car is speeding?

[@andreamai]

My problem with these “disruptive” techno,ogres is the exploitation of independent service providers for profit. This turns the technology companies into the slave drivers of society, while they do not invest in the service providers.

[@michaelanderson8464]

i would like to take a ride with that lyft driver

[@sanurawat1651]

Wait 2 percent own their own vehicle? U serious? My family alone owns 4 vehicles & i see millions of private cars everyday

[@reginak2347]

what's the music in the background?

[@joshborat8072]

Definitely see the ride sharing trend in bigger cities quite interesting and I'm one of those 20 year olds that see a car as just a money sponge lol

[@jamesdill4441]

The way to make America 'a auto industry stronger, is to end all the federal government regulations on our automobile industry.

[@MusicAusUS]

Young people cant afford a car and expensive expenses along with this

[@kdkd693]

Not with coffees and smashed avo breakfasts out

[@infinitebeing1119]

It is not the survival of the fittest. Rather survival of the adopter. On who who can adopt to the changing environment can only survive.

[@ededed1659]

so sad about the future of car industry

[@kekekekekeooo]

Why dont try a 200 year old technology that is almost free compared to these examples: Bikes and compact urban planning. But i guess it is not any money for the big companies in that vision for the future

[@TheArthas17]

now just one year later, Tesla comes and starts dominating the eletric car market. I mean it's software can already tell the difference between humans n other veichealz. not to mention auto pilot.

[@ashleybailey1785]

Vehicles* Just wanted to help.

[@kdkd693]

And robotaxis in near future

[@snowzZzZz]

As if Tesla doesn't exist or something.

[@wickedleeloopy2115]

This is why ford is considering stop making small passenger cars. The only demand left will be commercial vehicles.Before smart phones , we would call our friends & family notifying them , I'm coming over. Now days online group chat iliminate that need with smart phones.

[@businesslp3027]

The cab companies need to adapt and get an app

[@2024.-_haha]

好，好极。opening mind

[@bestelectronicmusicfromnew5189]

Only word I didnt understand was 200,000,000 trips a day in oven india. curious he didn't say urban. aruban. We want cars than last 2 million miles. Batteries only do 1/3rd of that, they have to improve.

[@kdkd693]

Soon Tesla batteries and cars will be good for 1 million miles. Not sure if interiors will last that let alone 2 million

[@chrise202]

These pitches make me sick. Do you eat food just for the nutrients? Why then you impose the idea that driving is just about reaching from point A to point B?

[@gueraloca416]

Ford should have been researching societal trends for decades. They're very late to the game.

[@EduardvanKleef]

Ford is trying to prevent becoming "just a shell" for driverless technology. I think this is the wrong paradigm. What happened to "core competencies"? IMHO those making the big bugs will be those who combine the best driverless technology with the best car platform. Complicating factors are the interfaces, including the sensors. I understand that for Ford, Mercedes, BMW et al. it is vital to have their own driverless technology/machine learning efforts, as this determines their negotiation position. However, if they drop "traditional" motoring research as a result, they will find themselves on the wrong part of the argument. Closely connected with this is the question re. car ownership. Clearly, the percentage of people owning their own cars will go down once cheap, effective public autonomous vehicles are available. But there will always be a substantial percentage of people who will insist on owning a - self-driving - car. Reasons include status, comfort, not wishing to use public means of transport, longing for a personalized environment etc.

[@anubandh9615]

I will buy my own Honda civic someday... I prefer metro over Ola...

[@GowthamV07]

Future of car industry with no Tesla ? Tesla is disrupting the ICE engines but no mention of it.

[@wickedleeloopy2115]

Anyone can design an app to service the need of travellers at the expence of the drivers. There Inlies the problem. If you were asked to work for a pay cut , would you.... now imagine being sacked & finding same new job for less money. Thats essentially the same as ola

[@moneynongrata]

Y we can drive cars today? Perhaps, because we have well made roads. Most of the cars today off road are useless. I suspect that we need to update our roads to fit the self driving concept. Then making self driving cars will be much more simple. If the road provides the energy - you don't have to carry batteries, if the road provides all sorts of sensors and informs the car about all objects - you don't need to carry so many computers with u.

[@ireneuszpyc6684]

I use an old-fashioned (flip) phone: does it mean I won't be able to hire a taxi? that year (2016) I visted Beirut, Lebanon: there seemed to be no Uber or Lift there - just a bunch of Arab rip-off artist taxi drivers

[@skyleonidas9270]

unpresidented?!?! u tell that to horses hohoho

[@kyounghohan5211]

Huge opportunity! More pain!

[@beback_]

Too bad Lyft got rid of the mustache.

[@renechang8274]

Analog players in a digital world

[@integrity5140]

What's with all the pink`

[@neojohnson113]

We want Tesla which is the real winner of them all.

[@ireneuszpyc6684]

have you bought Tesla shares?

[@MrAxelStone]

"people are happy when they see a lady driver"....cut to shots of the most unhappy looking men ever.

[@ThaexakaMavro]

nope

[@slidex4535]

3:20 The man is talking like it's his idea! Bloody thief.

[@dj_laundry_list]

I'll be damned if some nasty-assed hipster is going to get in my car

[@gifyifhkhmcucyk6865]

Ewwwww grossss! Anyone alse who hates the idea of ride sharing and autonomous cars?

[@steve00alt70]

Old fashioned horsepower over this elitist view

[@paulbroderick8438]

Ford guy, all blah. More tech BS!!