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Technology Stocks : Drones, Autonomous Vehicles and Flying Cars

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Glenn Petersen

kimberley

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From: kidl	6/20/2018 11:39:10 AM
	3 Recommendations Read Replies (1) of 3611

Autonomous Vehicles Might Drive Cities to Financial Ruin Snip: The problem, as speaker Nico Larco, director of the Urbanism Next Center at the University of Oregon, explained, is that many cities balance their budgets using money brought in by cars: gas taxes, vehicle registration fees, traffic tickets, and billions of dollars in parking revenue. But driverless cars don't need these things: Many will be electric, will never get a ticket, and can circle the block endlessly rather than park. Because these sources account for somewhere between 15 and 50 percent of city transportation revenue in America, as autonomous vehicles become more common, huge deficits are ahead. More: wired.com

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