Despite ample reports suggesting the opposite, there is no hard proof self driving cars will necessarily be any cheaper, safer or economical than human-driven cars, let alone capable of displacing public transport systems on a mass level.

According to Bloomberg’s Chris Martin and Joe Ryan

Mass transit, the lifeblood of cities worldwide, is under threat from the biggest innovation in automotive technology since Henry Ford’s assembly line first flooded streets with cars.

The self-driving vehicles being pioneered by Tesla Motors Inc., Alphabet Inc.’s Google and others are poised to dramatically lower the cost of taxis, potentially making them cheaper than buses or subways.

Which, quite frankly, is amazing stuff from the likes of McKinsey — since at some point in their illustrious history they must have done some public transport consulting work, no?

Read more: FT Alphaville

Don’t forget to share this via , Google+, Pinterest, LinkedIn, Buffer, , Tumblr, Reddit, StumbleUpon and Delicious.

Published by Mike Rawson

Mike Rawson has recently re-awoken a long-standing interest in robots and our automated future. He lives in London with a single android - a temperamental vacuum cleaner - but is looking forward to getting more cyborgs soon.

Leave a comment

Your email address will not be published. Required fields are marked *

The autoignition temperature of manual cars is much higher than Fahren…

by Mike Rawson time to read: 1 min
Hi there - can I help you with anything?
[Subscribe here]
More in Economics, News, Travel
IoT Secuirty
Crash testing | The Economist

“SOMEONE is learning how to take down the internet.” This was the headline of a blog post Bruce Schneier, a...