Exec: Most Lyft Rides Will Be in Autonomous Cars in 5 Years

Lyft at its San Francisco Headquarters showcasing Lyft cars, the Glowstache, the Lyft app, Lyft passengers and drivers on February 3, 2016 in San Francisco, California.

Photographer: Mike Coppola/Getty Images for Lyft
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Detroit (AP) -- Within five years, a majority of ride-hailing company Lyft's rides will be in self-driving cars, the company's co-founder and president predicted on Sunday.

John Zimmer also said that personal car ownership will come to an end because autonomous rides will become a cheaper way to travel than owning an automobile. He made the predictions in an essay on the future of transportation in urban areas.