Tuesday, October 24, 2017

Self-Driving Cars are here.

Self-Driving Cars Will Change Everything

This is such an exciting time. Every month that passes brings major improvements in autonomous technology, more data, and more proof that the technology is already several times safer than human drivers.
And the impact that autonomous technology will have on our society is remarkable. Once self-driving vehicles become the new norm, it is projected that…
  • 1.2 million lives could be saved every year due to a massive reduction in traffic accidents.
  • Car ownership will fall dramatically, potentially to a level where there is only one car per every 12 people.
  • Auto insurance costs will decrease by at least 60%.
  • Less fuel will be consumed, resulting in a 90% decrease in emissions.
In total, it is estimated that there will be $1.3 trillion in savings from the adoption of autonomous cars. The savings will be driven by productivity gains, fuel savings, and accident avoidance.
With such a strong tailwind, it is likely that children born in the next 10 years will never need to learn to drive a car.
We are now at the very beginning of this explosive trend, but the potential is enormous… The autonomous vehicle technology market is forecast to reach $87 billion by 2030.
Fully self-driving cars are on the verge of mass adoption. Not 10 years from now—right now. In 2017.
So get ready… The future is here.
Regards,
Jeff Brown
Editor, The Near Future Report
Editor’s Note: Click here right now for Jeff’s latest presentation on the hottest opportunities in the self-driving market right now (Hint: NOT Tesla or Alphabet.)
 
AJ adds. Jeff is getting carried away by his enthusiasm. Why would car ownership decrease by making it easier to drive them? And the decrease in emissions via the self driving feature is overstated. Even the use of electricity is hyped as reducing pollution. But, the electricity has to be produced at power plants. This whole thing is a dream by enviros who seem to lack the knowledge of how things work.

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