Monday 26 January 2015

How Uber's Autonomous Cars Will Destroy 10 Million Jobs and Reshape the Economy by 2025

How Uber's Autonomous Cars Will Destroy 10 Million Jobs and Reshape the Economy by 2025


I have spent quite a bit of time lately thinking about autonomous cars, and I wanted to summarize my current thoughts and predictions. Most people – experts included – seem to think that the transition to driverless vehicles will come slowly over the coming few decades, and that large hurdles exist for widespread adoption. I believe that this is significant underestimation. Autonomous cars will be commonplace by 2025 and have a near monopoly by 2030, and the sweeping change they bring...

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