This chapter delves into the thrilling experience of taking a flying taxi, exploring technological advancements and investment in the sector. It examines the challenges of regulatory approval, the competitive landscape of manufacturers, and the evolution of urban air mobility. Highlighting the potential transformation of transportation, the chapter anticipates a future where flying taxis could alleviate urban congestion, projecting a market value of $1 trillion by 2040.
The taxis of the future are already here. And they’re airborne. After years of research and development and billions in investment, autonomous flying taxis are finally poised to take off. Companies working on these pilotless vehicles have been quietly working on prototypes — and recently, Bloomberg reporter Colum Murphy took a test flight in one of the first models operating in China.
But once the technology is proven, new challenges begin: the industry will have to navigate regulatory hurdles, which can vary country to country, and find a customer base that will trust this new form of air-travel. On today’s episode, Murphy takes the Big Take on his flying taxi ride, and his colleague Angus Whitley explains why it’s a make or break moment for the industry.
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