Thursday, September 15, 2016

Driverless Cars Could Kill More Than Four Million Jobs

<p>(Photo credit: Foo Connor via flickr.com from Creative Commons)</p>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.

MarketWatch.com article here

Keywords

autonomous vehicles   driverless cars   mobile technology   Pennsylvania operators   research and trends   self-driving vehicles   Uber   

 

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