The Personal Blog of Zack Kanter - How Uber's Autonomous Cars Will Destroy 10 Million J... - 1 views
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. Autonomous cars will be commonplace by 2025 and have a near monopoly by 2030
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They will cause unprecedented job loss and a fundamental restructuring of our economy, solve large portions of our environmental problems, prevent tens of thousands of deaths per year, save millions of hours with increased productivity, and create entire new industries that we cannot even imagine from our current vantage point.
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Morgan Stanley’s research shows that cars are driven just 4% of the time,5 which is an astonishing waste considering that the average cost of car ownership is nearly $9,000 per year.6
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