The arrival of driverless cars could mean the loss of a million jobs for drivers. Public transport is collapsing, migration down, and property markets upended. Google’s Waymo and rival Wayve are trialling models in London. Uber CEO targets London for self-driving revolution. The impact on the black cab market is indicative of future disruptions.
Around 1 million people in Britain make a living driving, with 280,000 driving HGVs. Uber CEO expects job displacement. Self-driving cars may create economic benefits elsewhere, boosting productivity. Driverless cars could shift property demand and impact public transport networks. More than 1.7 billion rail journeys in the UK dropped during the pandemic.
Driverless cars could lead to busier roads, but also free up space currently used for parking. Self-driving lorries could save time and money, with platooning offering fuel savings. Delivery robots could replace fleets of takeaway bikes. The self-driving revolution may save Britons time and money but impact job creation.
Uber CEO is optimistic about the benefits of self-driving cars, but others are skeptical. Driverless cars still require maintenance jobs that cannot be replaced by technology. Despite challenges, the allure of driverless cars may prove difficult to resist. Driverless cars may not be the solution to all problems, but their impact could be significant.
Read more at Yahoo Finance: Brace for Britain’s driverless car revolution
