Furthermore, when car ownership is no longer considered a necessity (as it is today in most of the US), the economics will change. Right now, my personal vehicle is a sunk cost, so I view car trips as costing close to zero—unlike the up-front, immediate transactions inherent to taking the bus or Lyft. Once I no longer own that vehicle (I'm not planning to replace it), all of my options will be on more equal footing, since they'll all be priced per-trip. Even self-driving vehicles will not be able to compete with mass transit when they're both priced similarly.