
What are the economic implications of autonomous vehicles?
Reading Time: 2 minutes A significant and wide-ranging economic implication of autonomous vehicles can be seen. According to a Forbes article, autonomous vehicles will lead to a decline in private car ownership, resulting in a ripple effect on fuel prices, insurance, and even state revenue structures. A potential unemployment crisis is on the rise, causing economic instability. The same technology can also be a gift to reduce the economic … Continue reading What are the economic implications of autonomous vehicles?