Robotic taxis are one of the high-visibility applications for autonomous vehicles. They would dramatically alter a very human-centric business. According to studies, the price per mile would drop to about fifty cents, and the wait time would drop at least 80%. It would also mean less crime because the taxi drivers wouldn’t be mugged; and more equitable fares because people may trust a computer to not try to inflate the cost of the ride. It would also mean the loss of 178,000 jobs in America. The direct economics make a compelling case.The indirect economics have not been calculating the balance between accommodating that many unemployed while possibly making the riders’ lives more efficient.
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