Good analogy with the auto industry. I don't think it will lead to the death of the drone. In fact I don't think it really goes far enough. Registration into such a database falls short of what some security experts agree is appropriate, especially when you consider that people with malicious intent are not going to register anyway. However, it is a necessary first step.
EDIT: 'many' changed to '_some_ security experts': Source is the NYT article in the OP