In this article it says that driverless cars are going to be on the market surprisingly sometime soon. These autonomous cars are going to be safer and more reliable than traditional cars. This however doesn't come without a great price that the auto insurers and various other groups of people will have to pay. In the future this will make companies like google and other manufactures very rich while car insurance companies who make their business off of accidents will most likely lose alot of their money. Health insurance companies will also be less in favor because the rate at which people will experience a car accident due to human error will be relatively lower. As said in the article by Chunka Mui "The immediate losers are the people who depend on accidents for their businesses." Governments would lose fines because cars would obey all traffic laws but police forces would need fewer officers on the road and prisons would need less capacity as drunk drivers kept their freedom. People will spend less money on auto repairs, the people who usually man the phones at insurance companies will be laid off, long-haul truck drivers will become obsolete because their services are un-needed. The amount of people this affects is staggering and the list keeps going on and on. Another interesting thing that is said by Mui in this article is that "This is different than outsourcing. We're not just talking about cost savings, it may come down to us choosing live and jobs. Not dollars and jobs, lives and jobs." The services that people provide for transportation will be obsolete because there is a computer at the convenience of the customer. As of now driverless cars are quite expensive and not readily available on the market yet but the price is quickly coming down as the scale goes up. This also brings into question whether technology will prevail in what we can do as humans...
"Driverless Cars are going to Kill Insurance companies", Jason Koebler, Feb 27th 2014. Vice.com
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