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Technology Stocks : Driverless autos, trucks, taxis etc.

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To: Eric who wrote (248)4/2/2018 7:40:17 AM
From: slacker711   of 567
 
Using models they built and data from more than 10 million taxi trips in New York City, they found that the cost of service provided by a fleet of shared automated electric vehicles (SAEVs) would be $0.29-$0.61 per revenue mile—an order of magnitude lower than the cost of service of present-day Manhattan taxis and $0.05–$0.08/mi lower than that of an automated fleet composed of any currently available hybrid or internal combustion engine vehicle (ICEV).


AV is going to be something nice to have for me and most people on Silicon Investor.

It will be an absolute revolution for the poor and the elderly. My mobility is not limited by cost or by physical limitations so AV is mostly just going to change the way I get from point A to point B. For the poor, it will allow them to get to point B for a reasonable cost in time and money for the first time. For the elderly, it will allow them to keep their independence even when their ability to drive may have been reduced.

As Sam notes, the transition is going to be painful as is true for most disruptions. However, the upside is going to change quite a few lives as well.

Slacker
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