Summary of Uber’s Plan to Get More People into Fewer Cars

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Uber’s Plan to Get More People into Fewer Cars summary
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Uber is no stranger to controversy. However, the firm started with a simple, noble goal: to offer users a ride at the click of a button. As CEO Travis Kalanick explains, Uber’s success has sparked a grander ambition: “to turn every car into a shared car,” thereby reducing carbon emissions and the number of cars on the road. Curious consumers seeking Kalanick’s response to Uber’s numerous disputes won’t find answers here, alas. Yet getAbstract believes his address offers knowledgeable insights on what the future of transportation may look like.

About the Speaker

Travis Kalanick is co-founder and CEO of Uber, a global ride-sharing platform.

 

Summary

Uber’s ride-sharing concept is not novel. In 1914, a car salesman from Los Angeles coined a similar idea after noticing long lines of people waiting for street trolleys. He put a sign on his car advertising five-cent “jitney” rides. By 1915, more than 150,000 people in LA, 50,000 in Seattle, and 45,000 in Kansas took jitney rides each day. Trolley companies, sensing their transportation monopoly was in danger, coerced cities to adopt crippling regulations, such as requiring jitney drivers to purchase costly licenses or to be in their cars for at least 16 hours per day. By 1919, regulations had put the jitney...


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