Monday, June 1, 2015

Clutch time

Before long, all our vehicles will operate autonomously. Soon we won't need drivers anymore. There are about 1.5 million heavy truck drivers in the United States, about 600,000 bus drivers, over 200,000 cabbies. That's not counting local delivery vehicles, pizza guys, the ice cream truck. Most of these jobs are going away. For the remaining drivers, this will do what disco did to blue collar musicians; nothing pushes incomes down like an overcrowded field of competing freelancers. Meanwhile, the leading providers of on-demand autonomous services will no doubt merge to form massive conglomerates that dominate the field. Goober uber alles.

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