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In a world of automated vehicles, people wouldn't need to own their own cars. That will be, in fact, the more expensive option. If I rely on automated cabs in
by stretchwithme 8y ago
In a world of automated vehicles, people wouldn't need to own their own cars. That will be, in fact, the more expensive option.
If I rely on automated cabs instead of owning a car, I only pay a small part of the capital cost of that car. I also don't need a garage for it. Or a parking spot for it at work.
And I can much more easily rent only the amount of car that I need at the time, which is not much when I am just going to work by myself.
The total number of cars goes down. The average size of cars goes down. The number of empty seats goes down.