Not everyone can ride a bike. SV 20-somethings seem to not understand that we can't design the whole world around bikes. As you get older the appeal of a bike for transportation to all but the most devoted geriatric athlete diminishes.
"As you get older the appeal of a bike for transportation to all but the most devoted geriatric athlete diminishes."
This just isn't true. The reason that Americans give up cycling as they get older is because it's inconvenient. Plenty of cities in other countries make cycling convenient, so a lot more people do it. Sure, there's a substantial portion of the population (15-20%?) who aren't physically capable of cycling, but that doesn't mean that getting closer to 40% of people commuting on bikes like Amsterdam does is impossible.
If you are going to stick a motor on something, better a bike frame than a podium. Not everyone can stand for as long as they need to get somewhere... The form factor of a bike is far more accommodating than that of a segway.