The same can be said of beds, kitchens, musical instruments, laptops, etc. If you’re predicting the end of private property, you’re consistent but deluded. Heck, the majority of airplanes (by count, but perhaps not by passenger-miles flown) are privately owned.
Looking at “ownership” simply in terms of “use of commodity service” is massively oversimplifying. Even if most people didn’t care about signaling (which isn’t true), the vast majority DO care about guarantees of availability, and the option-value of being able to go somewhere without waiting to begin.
The same can be said of beds, kitchens, musical instruments, laptops, etc. If you’re predicting the end of private property, you’re consistent but deluded. Heck, the majority of airplanes (by count, but perhaps not by passenger-miles flown) are privately owned.
Looking at “ownership” simply in terms of “use of commodity service” is massively oversimplifying. Even if most people didn’t care about signaling (which isn’t true), the vast majority DO care about guarantees of availability, and the option-value of being able to go somewhere without waiting to begin.