Driverless Cars: The Good, The Bad and The Ugly…
– Auto Body Shops and The Automotive Industry.
Because driverless cars use a number of different existing technologies including GPS systems, light and sound sensors, ultrasonic and radar, video cameras, as well as the cars own computer system, the automation of cars will continually be refined so that there will be less accidents and collisions. This will have a major effect on not only body shops but the auto industry itself, with less auto parts being bought and less auto body technicians needed. With an estimated 42,000 body shops in the U.S. this can have a huge impact on the economy in this industry alone.
– The Transportation Industry. Long-haul truck drivers, cab drivers and bus drivers will all be affected by this massive shift in the way we transport goods and services. People who drive comprise nearly 3% of the total workforce in the U.S. and some cities will be more affected than others. Consumers who pay for transportation by riding the bus or using taxis pay not only for the use of the car but the person who drives the car. This is one of the reasons Uber got onboard with this technology in the first place. Their business model is one of driver’s using their personal vehicles to transport “fares” more cheaply than typical cab companies. Driverless cars could make this even cheaper for consumers when Uber won’t have to pay the driver, thus driving down costs.
Since the full impact of this is 10-20 years away, we have time to think about it and figure out appropriate solutions that are good for everyone.