The erotice review 615-270-5754race to create self-driving cars is on—but what happens when they’re everywhere and nobody has to drive?
That could lead to a “passenger economy” worth $7 trillion by 2050, according to a new report by Intel and analyst firm Strategy Analytics.
While the name of the potential new market is lame, the amount of cash it's estimated to drive is not: the study predicts self-driving cars will free up 250 million hours of commuting time per year, providing the backbone for a thriving $800 billion industry by 2035, when the study predicts fully autonomous vehicles will begin to proliferate globally.
SEE ALSO: Google's autonomous car company is now testing out self-driving trucksIntel cites other paradigm shifts like the adoption of smartphones and personal computing for its intense interest in this potential sector; tech advancements have killed off late adopters before, and it will again soon, according to this logic.
“Companies should start thinking about their autonomous strategy now,” Intel CEO Brian Krzanich said in a release promoting the study. “Less than a decade ago, no one was talking about the potential of a soon-to-emerge app or sharing economy because no one saw it coming."
"This is why we started the conversation around the Passenger Economy early, to wake people up to the opportunity streams that will emerge when cars become the most powerful mobile data generating devices we use and people swap driving for riding.”
"Companies should start thinking about their autonomous strategy now"
The $7 trillion estimate is broken down into a few potential revenue streams, the largest of which at $3.7 trillion is "consumer mobility-as-a-service," i.e. providing people with transportation via car-sharing and ride-hailing services as private car ownership is phased out. Business mobility-as-a-service, which would conceivably replace current trucking and freight standards, is estimated to produce $3 trillion.
The remaining $200 million of the revenue could come from "new applications and services" -- but with new innovations, there's no telling how valuable this could be.
The study also predicts that the increased safety levels that will come from autonomous vehicles will wind up saving more than $234 billion in public safety costs and save over half a million lives between 2035 and 2045, providing even more value.
Intel has certainly embraced the autonomous future; the company established a $100 million fund for self-driving development back in 2012 and made an even bigger investment with the purchase of automotive imaging company Mobileye for a whopping $15.3 billion back in March.
Intel doesn't have a plan to actually manufacture its own vehicles -- instead, it's building a platform it hopes to market to the industry at large -- the company's partnership with BMW on its iNext platform is an early example of such an arrangement.
While this study shouldn't be considered a gospel truth, its projections are more than just wistful conjecture from an (extremely) invested party in the space. There's a major paradigm shift on the road ahead -- and its sure to shakeup our economy as much as it will our driving habits.
Topics Intel Self-Driving Cars
The Steam Machine: What Went Wrong
The Adventures of Mark Twain: Still Good, Thirty Years Later
An Absolute Truth: On Writing a Life of Coltrane
Which dog tracker should I get? The Fi Series 2 vs. the Apple AirTag
Meta says some AGI systems are too risky to release
Roblox will soon let players make calls from inside the game
Can You Solve Walter Benjamin’s Brainteasers?
The Morning News Roundup for December 15, 2014
Best laptop deal: Get the 14
BTS' parent company is making NFTs, and fans are furious
Best free ChatGPT courses
ChatGPT traffic spikes as students return to school
Attending the 2014 Objectivist Conference
The Morning News Roundup for December 17, 2014
Optogenetics: A Virtual Reality System for Controlling Living Cells
What Does “Dickensian“ Really Mean, Anyway?
Best Dyson deal: Dyson Supersonic Origin on sale for $299.99
'Quordle' today: See each 'Quordle' answer and hints for September 8, 2023
Google's data center raises the stakes in this state's 'water wars'
The Best Cauldons in Children’s Books: A Forgotten Contender
Netflix is the perfect home for an 'Assassin's Creed' anime seriesThis Star Wars pregnancy announcement has a hilariously dark twistBBC drops massive hint about the identity of the next Doctor WhoNPR tweeted the Declaration of Independence; Trump supporters got madThere's a magically nerdy musical easter egg in 'SpiderThis sleeping bus is another attempt to make travel more comfortable'Fantastic Beasts 2' details: New locations, new characters & moreAlleged hackers behind NotPetya demand $260,000 bitcoin ransom'Destiny 2' introduces a new raid with a very specific focusThere's a magically nerdy musical easter egg in 'SpiderWatch Rey and BBLindsay Lohan just wants everyone to stop bullying TrumpCristiano Ronaldo posts adorable photo with all his children and we're swooningSnapchat update finally lets you add links to your StoriesBlizzard reveals what Doomfist has been up to in 'Overwatch'Volvo vows to go allSamsung plans to launch smart speaker powered by Bixby, report saysIndiana GOP asked for Obamacare horror stories and got tons of praise insteadNikon Coolpix 900 review: An unforgettable camera with 8x optical zoomA dark web marketplace went down, and oh boy did its customers freak out Today's Hurdle hints and answers for May 27, 2025 Report: U.S. retailers are canceling some Switch 2 preorders Real Betis vs. Chelsea 2025 livestream: Watch Conference League final for free Best earbuds deal: Save $35 on the Samsung Galaxy Buds FE Best Sony deal: Save $51.99 on the Sony ULT WEAR headphones at Amazon Best travel deal: Save 19% on the Anker Laptop Power Bank Monfils vs. Draper 2025 livestream: Watch French Open for free Apple launches a self Sinner vs. Gasquet 2025 livestream: Watch French Open for free Best smart home deal: Take 45% off the Govee Outdoor String Lights NYT Strands hints, answers for May 29 Best controller deal: Save up to 27% on a PlayStation DualSense wireless controller NYT Connections Sports Edition hints and answers for May 28: Tips to solve Connections #247 PlayStation's Days of Play is live — Get a PS5 'Call of Duty' bundle for just $400 Best Samsung Galaxy S25 deal: Save $175 Watch the moment SpaceX Starship crushed a major milestone in latest test Best OLED TV deal: $900 off the 65 Windows may soon be able to update all your software at once People are asking ChatGPT if they're hot enough Bose QuietComfort earbuds are $30 off at Amazon if you hurry
3.3178s , 10194.625 kb
Copyright © 2025 Powered by 【erotice review 615-270-5754】,Feast Information Network