It would help if you thought of transit as a continuum:
- the private single-occupancy car
- shared car
- shared mini bus
- bus
- tram (ie, n linked busses)
- subway (ie n linked trams, underground)
This is hard to see today, but autonomous cars will essentially bring this about. Everybody will be riding in autonomous vehicles. If you're well-off, you'll pay for more privacy and space and time (vehicle comes to you, goes to your destination), if you're not so well off, you'll share the vehicle with other people and will have to spend more time as the vehicles makes more stops (and each stop will be further from your desired source/destination). Busses as we know them today will become obsolete, as they are functionally equivalent to a heterogenous mix of autonomous vehicles driving in the same direction. Trams will become obsolete, as they are functionally equivalent to the heterogeneous-autonomous-vehicle-chain paying a premium to use a dedicated lane.
Basically, everything should be a battery skateboard riding on asphalt by way of rubber. The more you pay, the more privacy you have, the more the mobile battery goes towards your personal destinations.