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Don't you think self driving car will have added cost due to its technology, so that mostly ride sharing is affordable ?
by iamgopal 7y ago
Don't you think self driving car will have added cost due to its technology, so that mostly ride sharing is affordable ?
- bryanlarsen 7y agoI think the added cost will not change the affordability of cars. Sure, it'll add a few thousand to the cost, especially at first. But in general people who can afford cars now will still be able to afford cars in the future. It might mean giving up on leather seats, or taking a longer term on the loan, but the cost delta won't be big enough to significantly affect behavior. What may affect behavior is tech that significantly lowers the cost of sharing, like Uber et al.
- bluGill 7y agoI don't think so. If self driving cars are not close in price they can't compete with price with a human driven taxi which are too expensive for daily getting around. Remember car makers sell millions of cars every year, that of cars to spread the cost of re-engineering for a cheaper senor across, so prices will come down if they can. Ultimately I think most people will still own their own cars: it is nice to know your golf clubs are in the car just in case you can take the afternoon off. It is nice to have a change of clothes in case your kids "has an accident". It is nice to have all your reusable bags in the trunk just in case you decide to stop for groceries after work. I've started taking the bus, even though I never actually need to do those things I miss them.