felipe on Nostr: Chapter 4 of Jeff Booth's "The Price of Tomorrow" is fascinating: Self-driving cars ...
Chapter 4 of Jeff Booth's "The Price of Tomorrow" is fascinating:
Self-driving cars will have an impact on our society we might fin hard to comprehend.
The utility value of a car today is 5%, this means 95% of the time, a car is parked somewhere without being used.
As self-driving cars begin to enter the mainstream, there will be a cascading effect on so many aspect of society:
1. People might conclude they don't need to own a car if they can have one available 24/7. What happens to manufacturing and existing cars, and all the manufacturing jobs?
2. 94% of automotive accidents happen due to human error. Both Waymo and Tesla have said they will underwrite their own insurance when this goes mainstream. What happens to insurance companies and all the jobs?
3. There is an enormous amount of space dedicated to parking around cities, malls, schools, hospitals etc. What sort of impact will self-driving cars have on land value and population density?
4. What will happen to job-numbers and the overall economy as a result?
So interesting to even visualize what might be the result of this, and how society consolidates around it.
Self-driving cars will have an impact on our society we might fin hard to comprehend.
The utility value of a car today is 5%, this means 95% of the time, a car is parked somewhere without being used.
As self-driving cars begin to enter the mainstream, there will be a cascading effect on so many aspect of society:
1. People might conclude they don't need to own a car if they can have one available 24/7. What happens to manufacturing and existing cars, and all the manufacturing jobs?
2. 94% of automotive accidents happen due to human error. Both Waymo and Tesla have said they will underwrite their own insurance when this goes mainstream. What happens to insurance companies and all the jobs?
3. There is an enormous amount of space dedicated to parking around cities, malls, schools, hospitals etc. What sort of impact will self-driving cars have on land value and population density?
4. What will happen to job-numbers and the overall economy as a result?
So interesting to even visualize what might be the result of this, and how society consolidates around it.