However long it takes to fully gain traction, the age of autonomous cars will be here before we know it. Those in the know see it as the inevitable future of transportation, designed as moving living rooms. Given the numerous high-profile companies developing self-driving technologies, as well as the hundreds of other small companies and start-ups dedicating themselves to enabling this industry through connectivity, sensors, and other products (see this chart), we are well on our way to becoming full-time passengers.
And that’s not all bad. As such, people can potentially create a “passenger economy,” identified by Intel as a boon to productivity worth $7 trillion, because everyone will be able to use their travel time more efficiently, working instead of driving, and the industry will spur new markets. Autonomous cars are also seen as a safer choice, with fewer potential accidents than human-controlled cars.
While critics say that the widespread adoption of self-driving cars may cause the loss of jobs (including drivers of taxis, long-haul trucks, and delivery services), which will eventually be true, the new types of jobs created in their wake might make up for that loss. Critics also note that there has already been resistance from potential buyers due to concerns for privacy and security, as well as their hesitation to trust a new technology.
But the question remains, will most customers want a self-driving car? Or do people love driving enough that they will continue to want control of their own vehicle? Mercedes-Benz recently posted an article regarding how autonomous cars will kill the joy of driving, but conceded that perhaps it will be a small price to pay for better safety on the roads. They also noted that perhaps, as your self-driving car controls itself, you might use your newfound freedom to, ironically (and somewhat hilariously), play a virtual reality car racing game inside of it.