The Future of Ownerless Autonomous Cars Presented by Linda Hohn, Esq. Director of Content Development at The Institutes
The Future People keep asking, “What will autonomous vehicles, telematics, & data management enable us to do in five years?” We don’t have 2020 Vision!
Driverless Cars – What is the Future? [Governments may] outlaw driving cars because it's too dangerous. You can't have a person driving a two-ton death machine.
My Friend’s Basement
My Friend’s Music - 1980
My Friend’s Music - 2000
Music - 2015
Let’s Back Up Out of My Friend’s Basement! TELEMATICS : “the integrated use of telecommunications and informatics for application with control of vehicles on the move” Some current uses of telematics: • Vehicle tracking • Fleet management • Satellite navigation • Intelligent vehicle technologies • Auto insurance
Car Sharing
Uber and Lyft
Autonomous Uber
What Does It All Mean?
My Music, My Moves
Transportation Models • Traditional vehicle ownership • Driverless vehicles • Uber, Lyft, Zipcar = Ownerless vehicles
Some Predictions
Who Is Affected? • Police, local taxes • Car Makers • Car insurers • Car Repair Shops • Parking garages • Lawyers • Home builders & remodelers • Urban planners, highway engineers • Doctors, hospitals, the economy • Oil companies, coal companies, electric grid • Thieves and crooks of all types
Police $6.2 billion annual “revenue” in traffic fines
No More Tickets
Car makers
Car insurers
Car Repair Shops
Parking Garages
Auto Liability Lawyers
Home Builders and Remodelers
Urban Planners
Medical Care
Oil, coal, electric, the environment
Criminals
Potential Problems Criminals and Terrorists • Getaway cars with no driver • Hacked driverless cars as weapons
Potential Problems Workers’ Comp issues (Uber, Lyft)
The Fun Stuff! Personalized travel no longer restricted to those able to drive
Lighter and leaner The Fun Stuff!
The Fun Stuff! Luxury travel
Conclusions Moving from an ownership model to a streaming model
Conclusions Telematics is a key component to enabling autonomous vehicles
Conclusions • Much like Polaroid and Kodak, many entrenched industries will be threatened by autonomous vehicles • But also, many new opportunities will be created
It’s Always About the Data Big Data becomes Enormous Data
Forward to the Future!
Credit Thank you Martin Frappolli, CPCU, FIDM, AIC Senior Director of Knowledge Resources The Institutes
Thank you for your attention Linda Hohn hohn@theinstitutes.org
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