FLYING TAXIS AND HOW THEY PLAN TO SHAPE THE FUTURE

TO SHAPE THE FUTURE TRANSPORTATION.

TRANSPORTATION. >> Reporter: THREE YEARS FROM

>> Reporter: THREE YEARS FROM NOW WE CAN GET INTO ONE OF THESE

NOW WE CAN GET INTO ONE OF THESE AND GO TO OUR NEXT DESTINATION.

AND GO TO OUR NEXT DESTINATION. >> YEAH.

>> YEAH. .

. >> Reporter: THAT'S PRETTY COOL.

>> Reporter: THAT'S PRETTY COOL. >> WE LIKE TO SAY IT'S CLOSER

>> WE LIKE TO SAY IT'S CLOSER THAN YOU THINK.

THAN YOU THINK. >> Reporter: WHAT WILL IT COST?

>> Reporter: WHAT WILL IT COST? >> WHEN WE LAUNCH IN 2023, IT

>> WHEN WE LAUNCH IN 2023, IT WILL BE SOMETHING LIKE A PER

WILL BE SOMETHING LIKE A PER PERSON BASIS, A FUNDAMENTALLY

PERSON BASIS, A FUNDAMENTALLY SHARED PRODUCT, THINKING OF IT

SHARED PRODUCT, THINKING OF IT ON THAT BASIS AND WE WILL DO THE

ON THAT BASIS AND WE WILL DO THE PRICING AND BY APPLYING THE

PRICING AND BY APPLYING THE POWER OF UBER NETWORKS AND

POWER OF UBER NETWORKS AND DEMAND WE CAN GENERATE AND

DEMAND WE CAN GENERATE AND OPERATIONAL EFFICIENCY BEHIND

OPERATIONAL EFFICIENCY BEHIND THE SCENES, WE THINK WE CAN GET

THE SCENES, WE THINK WE CAN GET TO PRICING WITHIN A COUPLE YEARS

TO PRICING WITHIN A COUPLE YEARS AND OPTIMIZE THE NETWORK.

AND OPTIMIZE THE NETWORK. EVENTUALLY, WE THINK WITH MASS

EVENTUALLY, WE THINK WITH MASS PRODUCTION AND THE ECONOMY AND

PRODUCTION AND THE ECONOMY AND BECOME SELF-PILOTED WE THINK WE

BECOME SELF-PILOTED WE THINK WE CAN GET TO SOMETHING COMPETITIVE

CAN GET TO SOMETHING COMPETITIVE AS FAR AS OWNERSHIP AND YOU

AS FAR AS OWNERSHIP AND YOU COULD CONCEIVABLY FLY EVERYDAY

COULD CONCEIVABLY FLY EVERYDAY THAN DRIVE EVERYDAY.

THAN DRIVE EVERYDAY. THAT'S OUR HOPE, NORTH STAR.

THAT'S OUR HOPE, NORTH STAR. >> Reporter: HOW FAR DOES IT GO

>> Reporter: HOW FAR DOES IT GO FROM PER PERSON TO FULLY

FROM PER PERSON TO FULLY AUTONOMOUS?

AUTONOMOUS? >> IT DEPENDS ON REGULATION.

>> IT DEPENDS ON REGULATION. AVIATION IS A HIGHLY REGULATED

AVIATION IS A HIGHLY REGULATED INDUSTRY.

INDUSTRY. WE HAVE TO ABIDE BY ALL THE

WE HAVE TO ABIDE BY ALL THE RULES AND WORK WITH THE FAA AND

RULES AND WORK WITH THE FAA AND FIGURE OUT HOW THIS NEW

FIGURE OUT HOW THIS NEW TECHNOLOGY FITS IN.

TECHNOLOGY FITS IN. WE KNOW THERE ARE CERTAIN RULES

WE KNOW THERE ARE CERTAIN RULES THAT HAVE TO CHANGE TO ALLOW

THAT HAVE TO CHANGE TO ALLOW SELF-PILOTED AUTONOMOUS VEHICLES

SELF-PILOTED AUTONOMOUS VEHICLES TO CARRY PASSENGERS.

TO CARRY PASSENGERS. WE'RE TRYING TO IDENTIFY THAT

WE'RE TRYING TO IDENTIFY THAT AND UNDERSTAND WHAT ARE THE VERS

AND UNDERSTAND WHAT ARE THE VERS OF THESE IN ORDER TO UNLOCK THAT

OF THESE IN ORDER TO UNLOCK THAT FUTURE STATE WHERE WE CAN HAVE

FUTURE STATE WHERE WE CAN HAVE MORE LOWER PRICE POINTS THAT ARE

MORE LOWER PRICE POINTS THAT ARE SELF-PILOTED.

SELF-PILOTED. WHAT WE WANT TO DO IS CREATE A

WHAT WE WANT TO DO IS CREATE A PRODUCT THAT SEAMLESSLY CONNECTS

PRODUCT THAT SEAMLESSLY CONNECTS DIFFERENT MODES TOGETHER.

DIFFERENT MODES TOGETHER. ONE OF THE TECHNOLOGIES THAT

ONE OF THE TECHNOLOGIES THAT ENABLES THIS IS ELECTRIC OWNERS.

ENABLES THIS IS ELECTRIC OWNERS. SAME THING AS TESLA, SAME THING

SAME THING AS TESLA, SAME THING IN HYUNDAI'S ELECTRIC CARS THAT

IN HYUNDAI'S ELECTRIC CARS THAT THEY SELL, THAT SAME TECHNOLOGY

THEY SELL, THAT SAME TECHNOLOGY IS ABLE FOR THIS TYPE OF VEHICLE

IS ABLE FOR THIS TYPE OF VEHICLE TO BE BUILT, IT ALLOWS YOU TO

TO BE BUILT, IT ALLOWS YOU TO REDESIGN IT AND TAKE OFF WITH A

REDESIGN IT AND TAKE OFF WITH A LANDING.

LANDING. WHAT IS MORE SUBTLE IS THAT RIDE

WHAT IS MORE SUBTLE IS THAT RIDE SHARING ITSELF, THE TECHNOLOGY

SHARING ITSELF, THE TECHNOLOGY THAT POWERS UBER IS ENABLING

THAT POWERS UBER IS ENABLING TECHNOLOGY THAT WE BELIEVE THIS

TECHNOLOGY THAT WE BELIEVE THIS TYPE OF A VEHICLE HAS TO BE

TYPE OF A VEHICLE HAS TO BE REALLY WORKED IN -- WORKED BY A

REALLY WORKED IN -- WORKED BY A PRODUCT WHERE WE CAN PULL PEOPLE

PRODUCT WHERE WE CAN PULL PEOPLE INTO VEHICLES AND MOVE THEM

INTO VEHICLES AND MOVE THEM AROUND SO WE CAN MINIMIZE THE

AROUND SO WE CAN MINIMIZE THE NUMBER OF TAKE OFF AND LANDING

NUMBER OF TAKE OFF AND LANDING SPOTS.

SPOTS. THAT TECHNOLOGY, ONE TRIP SO

THAT TECHNOLOGY, ONE TRIP SO THAT AS A PERSON WHO JUST WANTS

THAT AS A PERSON WHO JUST WANTS TO TAKE A RIDE AND GET SOMEWHERE

TO TAKE A RIDE AND GET SOMEWHERE FAST, YOU DON'T HAVE TO THINK

FAST, YOU DON'T HAVE TO THINK ABOUT IT, YOU SAY I WANT TO TAKE

ABOUT IT, YOU SAY I WANT TO TAKE AN UBER AIR, WE PROVIDE THE CAR,

AN UBER AIR, WE PROVIDE THE CAR, GETS YOU TO THE SKY PORT, AND WE

GETS YOU TO THE SKY PORT, AND WE PROVIDE ALL OF THE TECHNOLOGY,

PROVIDE ALL OF THE TECHNOLOGY, SEQUENCING BEHIND THE SCENES TO

SEQUENCING BEHIND THE SCENES TO MAKE THIS A MAGICAL TRIP.

MAKE THIS A MAGICAL TRIP. THAT'S WHAT WE'RE TRYING TO

THAT'S WHAT WE'RE TRYING TO CREATE THIS MULTIMODAL END TO

CREATE THIS MULTIMODAL END TO END PRODUCTS THAT SAVES YOU A

END PRODUCTS THAT SAVES YOU A WHOLE BUNCH OF TIME BY HAVING --

WHOLE BUNCH OF TIME BY HAVING -- >> IS THIS UBER AIR SOMETHING

>> IS THIS UBER AIR SOMETHING THAT ANYONE, ANY UBER CUSTOMER

THAT ANYONE, ANY UBER CUSTOMER CAN USE?

CAN USE? >> YES.

>> YES. SO BASICALLY THIS WILL BE A

SO BASICALLY THIS WILL BE A PRODUCT THAT SHOWS UP IN THE APP

PRODUCT THAT SHOWS UP IN THE APP LIKE UBER BLACK AND UBER X, UBER

LIKE UBER BLACK AND UBER X, UBER TRANSIT, WE LAUNCHED IN VEGAS

TRANSIT, WE LAUNCHED IN VEGAS THIS WEEK.

THIS WEEK. AND, YEAH, ANYONE CAN SELECT IT.

AND, YEAH, ANYONE CAN SELECT IT. JUST LIKE WITH UBER IN NEW YORK,

JUST LIKE WITH UBER IN NEW YORK, IF YOU'RE IN THE RIGHT PART OF

IF YOU'RE IN THE RIGHT PART OF MANHATTAN, ANYONE CAN ACCESS

MANHATTAN, ANYONE CAN ACCESS THIS AND TAKE IT AS LONG AS THE