Thursday, May 4, 2017

SELF-DRIVING CARS AND TRUCKS IMPACTS

The impact of driverless cars will have a great impact, and not only by putting taxi and truck drivers out of work.  For example: The U.S. has about 144 billion square feet of total parking, which represents up to one-third of the total real estate in some large cities. Reports estimate self-driving vehicles have the potential to reduce parking space by about 61 billion square feet, which is about the size of Connecticut and Vermont combined. A reduction in the demand for parking can result in reclaiming this valuable real estate for more beneficial social and economic purposes. However, it also means significantly less money for cities through parking tickets. In 2012 alone, Washington, D.C. collected $92.6 million in parking ticket revenue.*

And here is a weird one you may not have thought of: The need for lodging will drop as people sleep in their cars during overnight road trips. Utilizing cars as a moving motel is much more cost-efficient and convenient than purchasing a hotel room. Audi's vice president of brand strategy and digital business, Sven Schuwirth, has predicted that car interiors will eventually be able to morph between driving mode and sleeping mode, presenting a major obstacle for the hotel industry.

These are just two of the 10 examples of how autonomous vehicles will change America.  For the rest, see the article cited.

* http://www.cnbc.com/2017/05/03/self-driving-cars-will-disrupt-10-industries-commentary.html

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