Uber CEO explains how he plans to make sure your kid doesn’t own a car

Driving your own car is so 20th century.

Uber has already changed the way we get from A to B, but you ain’t seen nothing yet, according to CEO Dara Khosrowshahi, who wants to completely overhaul how the world views transportation.

“We are making a big transformation in terms of our strategy from cars to thinking about Uber as a mobility on demand service,” he told the crowd at the l’Attitude event in San Diego this week.

“I’m actually incredibly optimistic, not just about flying taxis but,” he said, “electric individual vehicles, bikes and/or scooters for transportation.”

Flying taxis, scooters and electric bikes? For Uber, that’s a yes, yes and yes.

“If you think about transportation in cities over the past 20 to 30 years, there hasn’t been a lot of innovation,” he continued. “It’s still the car, or the bus, or the subway... We’re really all about debunking the car.”

Khosrowshahi, who was joined on stage by United UAL, +1.17%  CEO Oscar Munoz and Boeing BA, +0.99%  boss Dennis Muilenburg, talked about his prediction that ride-hailing, which is obviously Uber’s primary revenue driver at the moment, will be less than half of the company’s business within 10 years.

Last month, Uber reported a 63% surge in net sales from a year ago to $2.8 billion, while losses narrowed to $891 billion. Khosrowshahi signaled to investors earlier this year that the company would continue to make significant investments, which would keep the bottom line firmly in the red.

Looking ahead, with an IPO expected next year, Uber is looking to ride various services, including UberEATS, Uber Freight, e-bikes, and dockless e-scooters, back into the black.

But of all the ambitious plans Uber discussed, UberAIR, and the speed at which it is expected to be adopted, drew the biggest reaction from the crowd.

“The cities of tomorrow cannot have a 2-D grid,” Khosrowshahi said, explaining that taking advantage of 3-D map will be crucial to alleviate the traffic caused by increasing density in the cities. “Yes, flying taxis!” he said — the kind that can bring passengers from Manhattan to JFK International Airport for about 50 bucks.

Uber says Dallas and Los Angeles have already been selected for the program’s initial launch, with an international city to be added as a third partner. The program is expected to take flight with demonstration flights beginning in 2020 and commercial operations just three years later.

“We’ll hopefully make your kids or my kids not have a need to own a car,” Khosrowshahi said. “No city in the world wants more cars on the road. And we want to be part of that solution.”