/biz/ - Business & Finance

>>10000970
Automated cars, and more importantly automated trucking, will take over the industry. Imagine if Uber was 80% cheaper than it is now. Would you pay $25 for a ride to the airport with a human driver vs. $5 for an automated ride that is arguable safer statistically? Of course you wouldn't. The vast majority of car companies rely on mass manufacturing. If their total sales dropped more than say 20%, their business model is no longer sustainable. Insurance rates will skyrocket once it becomes proven that automated cars are vastly safer. Armies of cars circling major metropolitan areas 24/7 that are programmed to automatically send cars to the appropriate areas for high demand times could replace 90% of the cars, easily. In fact, the average car is only on the road 2% of it's lifetime. The trucking industry will be decimated as drivers get let go, and that is the biggest job in about 40 states. Our economy will change drastically, and manual driving will become a luxury. Drivers licenses will become more and more difficult to get, the qualifications will increase, the tests more stringent, the registration fees will increase, the insurance will skyrocket, and it will become easier to have your license revoked. It might not be in 5 to 10 years, but in 20 or 30 it will be reality.