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Autonomous Vehicles Could Eliminate Up to 4 Million Jobs

A new report from the Center for Global Policy Solutions suggests that as many as 4 million employees nationwide may soon lose their jobs due to the adoption of autonomous vehicles.

Unlike normal vehicles that are operated by human drivers, autonomous vehicles use advanced sensors to monitor the road and can run without mandated stops for rest and sleep. And, if commercial drivers are replaced by these vehicles in the near future, it could cause an economic ripple effect in regions that rely on commercial transportation.

More than 30 automakers and technology companies are currently working on autonomous vehicle technology, including Ford, General Motors, Tesla, Google and Uber. As a result, the technology is advancing rapidly, and many companies have already acquired licenses to test their vehicles on public highways. However, some experts believe that state and federal regulators will delay the widespread adoption of commercialized autonomous vehicles.

Filed under: Recent Headlines — Jillian Bender-Cormier @ 11:15 pm May 10, 2017