Parking Passengers will be busy or distracted


            The United States has about 144
billion square feet of total parking which accounts for one-third of the total
real state in large cities. Traditional driving vehicles utilize parking areas
daily. With autonomous vehicles coming into play, parking will no longer be the
same. Driverless vehicles will be able to park themselves. These vehicles will
be able to let their driver out and park in a remote location accustomed to
them. The need for traditional parking lots will diminish as driverless car lots
increase. This change will affect major cities. Parking tickets generate
millions of dollars in revenue for major cities. Autonomous vehicles being able
to park themselves in remote locations which will result in significantly less
money for cities through parking tickets.

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            According to the Statistics Portal, there
are 263 million registered vehicles in the United States. With this many
drivers on the road something is bound to happen. Every year there are over
1,500 car crashes and about 90% of those crashes are due to human error.

Autonomous vehicles will eliminate the factor of human error entirely. Driverless
vehicles will not only eliminate car accidents but also result in a decrease in
demand for insurance. This will lead to a change the insurance model
completely.  People buy insurance in case
of a car accident.

A new type of
insurance model is being thought of to accommodate this advancement of
vehicles. UBI’s-Usage Based Insurances, also known as Pay-as-you-Drive and
Pay-How-You-Drive are being thought about. UBIs tend to reward safe driving
patterns and driverless vehicles ensure a safe driving experience every time
the car is in motion. But since ‘safe’ will more and more equal ‘self-driving
cars’, we’ll most likely witness insurance agencies pushing UBIs to meet the
needs of this new market.


Fast Food

            Fast food is consumed by majority of
people. People driving around see a sign for their favorite fast food place and
make a split-second decision to pull in. Impulse buyers are one of the main
reasons fast food business stay profitable. Driverless cars will only require
people to put in their destination into GPS. Other than that, no work is
required by the passenger.  Passengers
will be busy or distracted doing things during the ride. This will result in
them putting in less effort to redirect their vehicle into a fast-food
restaurant’s drive through. While this may occur, autonomous vehicles are still
in fact able to drive themselves through a drive thru.  Google came up with a driverless car model and
could prove the car can handle the stops and starts of a drive-thru line. A prediction
made about autonomous vehicle’s and fast food restaurant drive thru’s was that your
car’s computer could be integrated with a fast food chain’s app. The process
would be that you would order from your car, pay in advance, and your car would
automatically drive to that restaurant’s drive-through window to pick up your
order. That prediction is far-fetched but is realistic when it comes to the
future of autonomous vehicles. Autonomous vehicles won’t necessarily hurt or
better the fast food industry, but changes within the industry will occur.


Public Transportation

            Public transportation is a popular mean
to travel to desired destinations. Many use public transportation for a variety
of reasons. Uber and Lyft have begun to take away from public transportation’s
sales due to the fact of convenience and ease of travel when using their
services. Now, with the idea of ride-sharing when there is no human labor
involved would be much cheaper and eliminate the need for public transportation
that is available currently.  Having a driverless
vehicle pick up the passenger, drive them wherever they need to go, drive
itself back home or to a remote parking lot where it will wait for the
passenger to be finished and then return to pick them back up is the convenience
one is looking for. Driverless cars would be advantageous due to the fact they:
support destinations not covered by public transportation, reduce wait time for
getting to one place to another, cost-effective, and more mobility for people
out of range for public transportation.