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Source: Flickr

Evolution Of Self-Driving Industry Could Provide 'Free' Rides


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With fully autonomous vehicles coming in our future, focus has been placed on the technology involved and how safe traveling would be. With ride-hailing services facing less costs, these savings would be passed onto the consumer. If these prices fall enough, there would be the incentive for businesses to provide free rides, which could greatly alter how we go about our daily lives.

Many businesses would be affected if consumers relied more on ride-hailing services. The auto industry wouldn’t sell as many units directly to individuals, but would still need to provide enough for companies like Uber and Lyft to satisfy their customers. It’s anticipated that if we do end up relying more on these services, self-driving technology would make rides cheaper for everybody.