"Over the next couple decades, driverless cars could eliminate jobs in up to 128 industries."

The self-driving car will impact more than just drivers

#Technology

Fri, Dec 23rd, 2016 09:00 by capnasty NEWS

On Business Insider, futurist Thomas Frey predicts that "over the next couple of decades" the advent of the self-driving vehicle will "eliminate jobs in up to 128 industries." Reportedly, it is not just drivers that will feel the displacement from the new technology, but also those working in law enforcement, courts, maintenance, and construction.

Frey offers the example of an airport. A huge portion of an airport's revenue comes from parking. In the era of driverless cars, people will take a far different approach to travel. Instead of driving to the airport, most people will call a driverless taxi to their front door.

"Suddenly, there's no parking revenue coming in. There's no shuttle buses. There's no limos. There's no taxi services. The rental car world suddenly starts to disappear," he says. "That's just a little piece of it."

In the April blog post, he claims automation will lop off entire industries for a variety of other reasons. All drivers will lose their jobs, he believes, including chauffeurs and construction vehicle operators. As many people transition from "just in case" vehicle ownership to "just in time" rental, Frey says car insurance and financing jobs will die off, too.

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