The Price of Autonomous Cars: Why it Matters

If you believe the soothsayers-including the CEO of Lyft-our cities will soon be home to swarms of autonomous vehicles that ferry us quietly, cleanly and safely to all of our urban destinations. The technology is developing-and rolling out-at a breakneck pace. Imagine some combination of Uber, electrically powered cars, and robotic control. You’ll use your handheld device to summon a robotic vehicle to pick you up, then drop you off at your destination. Vast fleets of these vehicles will flow through city streets, meeting much of our transportation demand and reducing the ownership of private cars. Big players in the automobile and technology industries are making aggressive bets that this will happen. But, the big question behind this, as we asked in part one of this series yesterday, is "How much will it cost?"

by Joe Cortright

Full Story: http://www.strongtowns.org/journal/2016/10/3/the-price-of-autonomous-cars-why-it-matters