I agree this is more of a "jumping car" than anywhere near an actual "flying car". My main issue with both is that if ground based cars have an issue, for example an engine failure, in most cases you can still get the car to safely stop at the side of the road. If you're flying, that's a very different story.

Even if we would accept the premise that flying cars will be the norm at some point, I'm not sure what people imagine that would do for them. Technically you could solve traffic jams to some degree, but still not entirely because I can't imagine that at any point flying cars would mean that you just fly wherever you want. It would give us multilayered traffic, which is cool to reduce traffic jams, but does it really do anything else?