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China-US driverless tech will transform urban transit

Wednesday, April 27, 2016

Significance

China and the United States, the world's two largest car markets, are both pursuing leadership in developing autonomous vehicles and the much-touted transformation such transport will bring -- 'social mobility services'.

Impacts

  • Governments could save on road traffic infrastructure as a result of self-driving vehicles optimising existing road capacity.
  • On-demand shared transport services will increasingly replace scheduled public transport.
  • Multi-modal medium-distance on-demand public transport will develop, challenging the business models of airlines and railways.
  • Harm-minimisation programming poses ethical and liability issues for driverless vehicle manufacturers, operators and owners.
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