ARTICLE · 18 JUNE 2015

Autonomous Driving Means Big Bucks For Everyone

Foley & Lardner LLP

New insights from McKinsey & Company demonstrate one common theme: the more autonomous vehicles take over the world, the more money saved and the more revenue earned by almost everyone.

United StatesTransport

Jeffrey Soble

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New insights from McKinsey & Company demonstrate one common theme: the more autonomous vehicles take over the world, the more money saved and the more revenue earned by almost everyone. McKinsey interviewed over 30 industry experts around the world and came up with Ten Ways Autonomous Driving Could Redefine the Automotive World. Interestingly, they are all cash positive.

How will we all make money? Here is just a partial list according to McKinsey:

Labor cost savings. These are already being seen in mining and farming applications today. In those areas, autonomous vehicles can work in closed, private environments without the general safety concerns of the open road. As McKinsey notes, look for construction and warehousing sectors to adopt next.

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Autonomous Driving Means Big Bucks For Everyone

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