According to Forbes' Stephen McBride, self-driving cars are here right now and will be an existential threat to the car industry. He cites Waymo as the prime example, a company that gets little to no attention due to being a subsidiary of Alphabet, yet clocking one million self-driving miles a month.
Why pay for car loans, insurance, registration, inspections, repairs, parking, oil, and gas when you can summon a safe, inexpensive driverless car to pick you up anytime you want?
Approximately 63% of Americans live in urban areas. I think it’s safe to assume at least half the folks who own cars in cities today will ditch them in the coming years.
Did you know that 2017 marked the first year that auto sales fell since the financial crisis? It’s an early sign of the unfolding disruption that will eventually shatter the auto industry.
|"30 percent of the cost of a car is the cost of distribution."|
|“A flexible fuel cell electric platform with autonomous capabilities.”|
|"John Deere is the largest operator of autonomous vehicles."|
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|The Pirate Supply Store|
|“When Life Gives You Lemons.”|
|Flying into Pape station. #ttc|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|Fall is Coming|
|“Rejuvenation is Finally an Industry.”|
|Bird Shit Advertising|
|“The world’s first hydrogen-powered train.”|
|“A dystopian vision of the future is already happening in China.”|
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|“The first-ever driverless mass transit test program.”|