Industry Research

Driverless Cars Could Kill More Than Four Million Jobs

Posted on September 15, 2016

(Photo credit: Foo Connor via from Creative Commons)

(Photo credit: Foo Connor via from Creative Commons)

When the self-driving-car revolution firmly takes hold, there will be carnage, according to Wolf Richter of the Wolf Street blog. Not the car-crash kind — though that is a prevalent fear — but on the employment front.

“The magnitude of this problem is breathtaking,” he wrote. Citing government figures, he says 4.1 million jobs (the stat of the day in our “Need to Know” column) are at risk, including chauffeurs and drivers of trucks, cabs and ride-share vehicles. article here

Related Topics: autonomous vehicles, driverless cars, mobile technology, Pennsylvania operators, research and trends, self-driving vehicles, Uber

Comments ( 1 )
  • Education

     | about 4 years ago

    So, get an education at a local tech school learning how to work on cars and get paid more. It is coming and if you don't adjust, you will get run over (bad pun).

More Stories
How much longer can the company keep going? (Photo via Unsplash user Austin Distel)

Why Uber Will Never Make Any Money

A recent report states the TNC has produced massive amounts of private wealth without benefits for consumers, drivers, or the cities it operates in.


State Of The Limousine Industry 1-21-19 @ LIMO U

LCT Publisher Sara Eastwood-Richardson and Dav El/BostonCoach CEO and NLA leader Scott Solombrino gave a state of the industry presentation Jan. 21, 2019 at Limo University's LABLive conference in Nashville, Tenn.