By Joe Levy
The wheels on the driverless cars go
round and round, round and round, round and round, the wheels on the cars go
round and round all by themselves…
Yes! No more science fiction fantasies. Driverless cars are around the corner, and it’s a reality. Just close your eyes and imagine: A city with self-driving cars dropping off people and picking them up. No more looking for parking spaces, getting traffic tickets, or need for multiple cars per household.
Automakers and tech companies are developing complex technology that will allow cars to drive themselves; possibly by the end of the decade, around the year 2018. Fortune reports that Google is leading the race by having driverless cars already in the testing stages, followed by Audi, Toyota, and Mercedes-Benz. The Institute of Electrical and Electronics Engineers (IEEE) predicts that driverless cars will account for up to 75 percent of vehicles on the road by the year 2040. Are you counting how old you’ll be? Don’t worry; most of us will be here to witness it.
We used the competitive intelligence software clearCi to identify future market trends we can expect with the arrival of driverless cars. Here are five ‘No Mores’ clearCi’s crystal ball found when looking into the future with driverless cars:
1)
No More Drivers
Driverless cars mean no more drivers; that’s obvious!
But is this something to be particularly thrilled about? Well, it depends. If you experience constant road rage, is time to celebrate! However, if you drive for a living or own a driving-related business, you may want to start considering a new career or business venture.
But don’t fret; when one road closes, another one opens. In this case, the self-driving car industry will benefit car-sharing services like Zipcar, public transportation, taxi services, and rental car companies.