Potential Impact of Driverless Cars

A very well-thought article on how the mass adoption of driverless cars will impact our society. The loss of jobs in certain industries is obvious and to some extent, I believe, is an active pursuit as well. For ride-sharing companies like Uber and Lyft, the cost of paying the driver is probably the biggest chunk of money earned from each ride. Despite the marketing lines about creating jobs and incomes, it is absolutely not in the interest of their margins to support this approach indefinitely. As driverless cars become more main stream, we will see ride-sharing companies as the early adopters for this technology.

Even though driverless cars will eventually create new job opportunities in new emerging fields, the blue-collar workforce will bear the brunt of this impending future that promises a better world for mankind.

Previous Blog       Next Blog