Changes Autonomous Vehicles Will Bring to the Business World

Vehicles of all types are an integral part of the business world. Vehicle technology is constantly advancing. Soon, autonomous vehicles will be an integral part of the business world. Self-driving vehicles will change the types of workers a company will need for its operation, the transportation its finished products, raw materials and more.

Increased Efficiency

The self-driving vehicles provided by Google have logged in over 690,000 miles without recording a major incident. Some major vehicle manufacturers are developing autonomous vehicle. Mercedes-Benz, as well as Audi, have their own self-driving vehicle prototypes in different stages of development. It is estimated that autonomous vehicles will start being utilized in a number of different business situations. This could include farming as well as driving within a manufacturing plant and other controlled environments.

Replacing Workers

The use of autonomous vehicles in the workplace could impact specific jobs. It could also cause problems with entire sectors of American industry. One of the major industries that could be severely impacted is the commercial trucking industry. According to the Bureau of Labor Statistics, there are over 1.5 million individuals in the United States who drive trucks. Unless these workers are effectively moved into other professions over time, it is estimated using autonomous vehicles may initially have a negative impact of up to .3 percent of the GDP in the United States.

Insuring Autonomous Vehicles

One of the main reasons insurance companies must pay accident claims is because of human error. Insurance experts believe the car insurance industry will change when vehicles are no longer operated by humans. Currently, a major factor in determining car insurance rates is an individual’s driving record. This will change with autonomous vehicles. Some insurance experts believe that having vehicles drive themselves will result in getting cheap auto insurance quotes for people who own such vehicles. The reason is that self-driving vehicles will result in a significant decrease in the number of accidents. The question of who is responsible for paying an accident claim when a computer is responsible for an accident remains to be answered.

Traffic Patterns

All businesses are affected by traffic patterns. They have a significant effect on a company’s daily operations. When traffic patterns are not moving at optimal levels, it creates a negative result for the performance of a business. This involves workers commuting, products being moved and more. Some traffic experts believe that when roads are filled with a majority of autonomous vehicles, it will provide the most efficient traffic patterns possible. Human emotion and frustration will be taken out of the driving equation. Traffic jams that result from the inefficiencies of human drivers will be eliminated.

Industry Drivers

Commercial-sharing services such as Uber and other types of businesses are anticipated to be significantly impacted by autonomous vehicles. There is a concern this new technology could have a very negative effect of commercial-sharing services and other well-established industries. Every type of commercial driver will be affected. This type of technology could affect all vehicles that are driven in a business setting. Forklifts, school buses as well as public transportation and more could be facing a future without human drivers.

Parking

There may come a time in the future where people will not be able to use the excuse of not being able to find a parking space to justify being late. Autonomous vehicles are going to be able to find a parking spot on their own and park there. Some engineers believe a person will be able to press a button on their smartphone to have their parked car come to them. The problem of parking could be eliminated.

Law Enforcement

Self-driving vehicles will be extremely difficult to steal. Should someone manage to get control of the vehicle, law enforcement will be able to stop the engine by just pressing a button on a phone. If this fails, it will be possible to control a stolen vehicle’s electronics and make the car drive to a place where law enforcement can apprehend the criminal. This could eliminate the dangers associated with high-speed chases.

 

by: Vincent Stokes

21