4 Ways Driverless Cars Will Change the Transportation Industry

Having a tech product like Tesla’s autopilot or Google’s and Uber’s self-driving cars in the automotive industry means things are about to take a drastic change. With self-driving technology set to fully , and several states already seeing Uber self-driving cars taking passengers around, the type of change we’re going to see will trickle down to every angle of the transportation industry.
Eventually, we’ll be witnessing a change that will have an impact on several sub-industries that rely on people driving on the road. With Tesla’s direct-to-consumer model, we’re already seeing disruption in the car dealership segment.
This article will explore the impact self-driving cars are going to have on the transportation industry and how this will affect other businesses that rely on the automotive industry — such as insurance, gasoline and the legal professionals who cater to car accident related litigations.1. The cost of insuring a driverless car.
The biggest area of pay-off for insurance companies is insuring cars and their drivers against accidents. Human error has been reported as the  — a situation that will be totally taken care of by cars that require no human input.
“The higher your risk of getting involved in an auto crash, the higher your premium will be,” says Gabriel Levin, a  based in Philadelphia. “Since unmanned cars are designed to reduce road accidents by taking away the single biggest cause of these road accidents, which are human drivers, then insurance companies would be forced to seriously lower their premiums to stay competitive.”
Yes, we should be happy that self-driving cars will help reduce accidents on roads and in effect, lower insurance premiums for owners. However, should an autonomous vehicle be involved in a crash caused by the computer, who then bears the liabilities and how would the party responsible recoup their losses without it trickling down back on the consumers?
A scenario would be when a car manufacturer is made to pay for liabilities and then it increases the cost of their new cars as a result.
Related: 
2. Auto dealership will take a hit.
With the likes of Google and Uber on the cutting edge of self-driving car technology, there will be little left for the car dealership industry. When Tesla came on the market with its direct-to-consumers model, the company was quickly tagged as a niche player. Google and Uber would drive an enormous amount of sales, and they won’t be dealing with auto dealers.
When all automakers make the move from gasoline to all-electric cars to stay competitive in an industry whose laws are being written by nimble tech giants, they might also be forced to shed some weight. Cutting ties with the numerous dealers who may not be adding much value to consumers would be their first move.
The auto dealership industry has about a  (2015 data).
Related: 
3. Gasoline will take a back seat.
Moving from gasoline-powered vehicles to electric cars means gasoline will have an even lesser role to play in transportation in the near future. We’ll have to find some better use for our oil.
4. Passengers will learn to warm up to autonomous vehicles.
The first passenger-related challenge would be the driver learning to accept his role as an observing passenger who should be prepared to take over when necessary.
Related:
While driverless cars are designed to ferry passengers to their destinations without input from a human driver, there are instances where humans still have to take control. For example, the abundance of driverless cars on the road today are still struggling with making sense of driving in a construction zone.
We should be prepared for this era by learning to adapt to a better human-computer relationship.
Approximate price: $22
We value our customers and so we ensure that what we do is 100% original..

With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.