Driverless cars, also known as autonomous cars or self-driving cars, use a system of automated intelligence (AI) along with sensors and other tech to travel without a human driver behind the wheel. With people no longer having to drive themselves everywhere, industries all across the world will be hard hit.
Hotels and airlines for example. If you could nap or relax while cruising to your destination, there would be little need to stop for rest or to take a plane for longer distances. The same is true with auto part makers and even litigators.
But if body shops will be the second hardest hit by the introduction of driverless cars into the mainstream, which industry ranks first? The car insurance industry. With fewer wrecks, insurance agencies will have fewer risks to cover. Less demand equaling less money.