, Columnist
Why Buy a Car When You Can Subscribe in Style?
Innovations in mobility are giving owners alternatives to ownership that make driving far less burdensome, and far more flexible.
Eeny, meeny, miny, moe.
Photographer: Andrey Rudakov/Bloomberg
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Venture capital investor and longtime technology observer Mary Meeker has published her annual Internet Trends presentation — 294 slides this year, including a section on transportation. There’s a useful finding on slide 128: What Americans spend on purchasing vehicles has dropped since the 1970s, while spending on “other transportation,” including public transport and ride hailing, has nearly doubled.