Flying Cars. Really?

Is it a spaceship? No. Is it spiderman? No. It's a f**king flying car.

Uber has announced a long time ago about their plans to make flying bugatti's but now there is a whole market for these things, with lots of startups & big name companies (Boeing/Airbus/Toyota) getting in on the game. Do you guys actually seeing this come to fruition with all of the airsafety regulations that they have to abide by? Will people even be able to afford to use these "flying cars" or will it just be for the super wealthy if it does get legislated. It does sound like a good idea to beat traffic congestion but again, what's the difference between these & helicopter's. It's the same concept right?

 

While I think flying cars would be extremely ‘cool’, I just don’t know that they will ever take off (at least in the next century-ish). Here’s the problem: you screw up in a big way driving a car, and maybe kill yourself/others, but more likely total your car, cause some property damage, and break some bones. You screw up in a small way driving a car, and you maybe correct it and nothing happens, and at worst, you maybe get a flat tire, etc. Screw up in a big way flying a car: dead. Screw up in a little way flying a car: also probably dead.

I don’t know much about the industry, and I’d love to see it happen, but there would need to be some serious safety precautions (maybe there are, I’m admittedly very uninformed).

If they have pilots, it’s a different story, but that really hurts the practicality/affordability of it.

 

I honestly believe that it will.

But not the way that we think of it, where everyone is flying their own vehicle/car and able to control it. It would require every single flight to be autonomous and operate on massive scale ATC service.

You won't be zooming through the sky and be able to control the path, but you'll be able to order Uber Flight and at exactly the time it arrives, you step in and sit down, it locks and it takes you to your place based on an autopilot.

Now that could take off and if possible to have it run on the ground and the sky it could make since in an autonomous transportation society.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 

I agree, I saw somewhere that UBER was planning an autonomous flying car project, rather than a manned driver one. Also, there are so many car projects these days planning driverless cars, some without even having a steering wheel, more like a limousine with a driver. Check out the V&A museum in London if you wanna see all the cool new tech currently in development

 

I heard a podcast on this topic. The speaker was Cathie Woods from ARK (I think its a fund that specializes in disruptive tech). She said that the major difference is the price point. Though I don't recall why a flying car would be cheaper vs a helicopter. She said that flying cars will drop a price of a cab ride to the airport (from Manhattan to JFK) to around 5-6 bucks and the flying cars would be around 20-50 bucks (pulling this out of my ass. I don't remember). It was an interesting talk nonetheless. It was an episode on invest like the best if you are interested.

 

His point is that we have better modes of transportation than flying cars--the subway and tunnels. He's right from a purely numeric standpoint, but I'm not sure flying cars are really meant to solve a mass transit problem, nor do flying cars require tens of billions of dollars in public infrastructure costs. But his point is taken--flying cars don't really solve a mass transit problem so where would the critical mass of people needed for it to be economically viable come from? That really does puzzle me. Aside from the regulatory burden, the lack of solved problems is why I see flying cars being some novelty act of the hyper-rich of Asia, Eastern Europe and the Middle East. They simply don't solve a problem for a mass number of people.

Array
 

I didn't watch the video above but just to chime in my 2 cents, I think its part of the big picture of new form of mobility. Flying cars on its own doesn't really solve the problem for mass number of people but I think the idea is that flying cars along with autonomous driving cars have the potential to do so. From what I've heard and read autonomous driving and flying cars (also driven autonomously) will drop the cost of mobility dramatically. For example, people would have an option to either uber to JFK for 6 bucks or Fly to JFK for 40 bucks or so. Flying just gives more option and divert more cars out of the congested road system. I hope I live long enough to see where this thing goes.

 
Most Helpful
ResearchLackey19:
I didn't watch the video above but just to chime in my 2 cents, I think its part of the big picture of new form of mobility. Flying cars on its own doesn't really solve the problem for mass number of people but I think the idea is that flying cars along with autonomous driving cars have the potential to do so. From what I've heard and read autonomous driving and flying cars (also driven autonomously) will drop the cost of mobility dramatically. For example, people would have an option to either uber to JFK for 6 bucks or Fly to JFK for 40 bucks or so. Flying just gives more option and divert more cars out of the congested road system. I hope I live long enough to see where this thing goes.

Yeah, I definitely hear what you're saying. But that brings me back around to the question about critical mass of use. I think--and I could be super wrong about this (it's SO hard to tell right now)--that the mass adoption of autonomous cars will vastly free up traffic due to their efficient method of driving, and they'll be luxurious and peaceful, and also extraordinarily affordable--I think autonomous cars will be a huge hit for consumers.

So, that circles back around to flying cars--if autonomous cars an insanely affordable huge hit, can flying cars achieve the mass of ridership needed to make them economically viable (outside of the rich)? If you can go travel the 30 miles to the airport for $10 at an average highway speed of 90 MPH in a luxury autonomous vehicle, are you likely to opt for a materially more expensive flying car? I don't know the answer, but it's the issue I'm struggling with regarding flying cars.

Array
 

His bumper flying car idea using magnets won't help in a head-on collision at high speed. Even if it prevents the cars from being damaged, being knocked away by the magnetic force could cause the flying cars to lose balance. It's easy to lose balance in the air, and you'll probably die if you don't have enough time to recover. Even if you recover it'll still scare the shit out of you.

 

I'd get one if I wanted to find a creative way to committ a surprise suicide.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

Would prefer the flying helicopter from the video.

Oh man, could you imagine going down the highway, having a cop turn on his lights, and just flying off?!

Or driving into gridlock traffic in the morning and saying "fuck it I'm flying."

But realistically I'd probably kill myself within 3 months of owning one of those things.

Nothing short of everything will really do.
 

Incidunt vitae exercitationem id fugiat ad quis facilis. Aut aperiam iste ut quasi est ratione earum. Quos doloribus nesciunt enim facere velit non. Est et sed ut quo blanditiis. In quae delectus aperiam debitis voluptate placeat nemo.

Sequi totam non a aliquid et. Aperiam labore placeat est. Amet magni doloremque aut. Cumque et corrupti sed dolore. Autem consequuntur quo adipisci pariatur.

Recusandae adipisci neque eaque mollitia nobis cum iure molestias. Qui explicabo quis dolore ad quas sapiente hic. Voluptas quos optio quibusdam consequatur. Explicabo id sed sit a quis.

Quis dicta quis tempore minus. Labore consequatur at nulla dolor velit. Aspernatur in inventore impedit impedit aut. Non repudiandae nisi et dolor facilis.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Rerum qui modi atque aut. Consequatur at nam possimus hic enim minus. Et omnis quod iste hic est corrupti.

Repudiandae laudantium incidunt aut eveniet ratione voluptates. Error esse autem optio quod laudantium ducimus amet.

Ea quaerat explicabo qui corrupti nihil. Commodi et quis nesciunt ut earum excepturi non consequuntur.

Magni non ab occaecati et voluptatem. Sed quasi id voluptas neque neque laborum culpa. Reiciendis ad natus fugiat in.

twitter: @CorpFin_Guy

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”