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. Autonomous cars will be commonplace by 2025 and have a near monopoly by 2030

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.

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

Tesla is rolling out version 7.0 of its software, and with it new autopilot features that allow the car to stay in its lane, change lanes, and parallel park itself.

the new Autosteer feature. This is designed specifically for highway driving, and when engaged keeps the car in its lane. When you need to change lanes, you flip your turn signal and the car will move over on its own when it determines it’s safe to do so.

That "hands-on" detail is an important one. CEO Elon Musk emphasizes that the update is a public beta. "We say keep your hands on the wheel because it’s very important to exercise caution at this early stage,"

it will certainly transform our daily routines: imagine driving hands-free while having the luxury of reading a book, taking a nap, or guiltlessly texting on the road. At the same time, something far more interesting - and still unexplored - is the potential transformation of our cities themselves

blurring the distinction between private and public modes of transportation. "Your" car could give you a lift to work in the morning and then, rather than sitting idle in a parking lot, give a lift to someone else in your family - or, for that matter, to anyone else in your neighbourhood, social media circles, or city.

This implies a city in which everyone can travel on demand with just one-fifth of the number of cars in use today

- Honda Motor plans to offer cars that can drive themselves on highways by around 2020

With Toyota Motor and Nissan Motor having announced their plans, the three largest domestic carmakers now have timelines for self-driving vehicles.

Honda this year started adopting what it calls Sensing technologies

Hundreds of people at Apple are said to be secretly working on a design for an electric people-carrier which has been given the code name “Titan”. So far, the technology firm has declined to comment on the project

The Titan project was reportedly signed off almost a year ago by Apple’s chief executive Tim Cook, who has assigned vice president of product design, Steve Zadesky, to lead the group

By 2020, the Fourth Industrial Revolution will have brought us advanced robotics and autonomous transport, artificial intelligence and machine learning, advanced materials, biotechnology and genomics. These developments will transform the way we live, and the way we work. Some jobs will disappear, others will grow and jobs that don’t even exist today will become commonplace. What is certain is that the future workforce will need to align its skillset to keep pace.

Creativity will become one of the top three skills workers will need.

negotiation and flexibility are high on the list of skills