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Hailed riding only works locally, and there's already public transit cheaper than ride hailing; if you leave your metro area at all i'd bet this assumption that ride hailing is cheaper quickly falls off.

Hell, many US cities don't even have uber yet.

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Where public transport exists, sure. But that's only in metro areas, and even then it's on a timetable that's less convenient than hailing a car. It also requires a bicycle or a long walk to travel from origin to departure, and from arrival to destination.

Everybody will still own their car, and use it just for long-haul trips. Daily commuting to work could be cheaper in a hailed (electric) car than driving your own (gas) car.

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