Autonomous Vehicle.

S peaking of self-driving vehicles, the taxi industry is the first thing that comes to mind. Uber, the startup which disrupted the taxi industry is all ready to make it big in this transition. Currently, Uber drivers take home almost 75% of the fare you pay. Uber has invested heavily in the autonomous vehicle research. Their CEO, Travis Kalanick has announced that consumers can expect a self-driving Uber fleet by 2030. Uber is one of the companies leading the self-driving vehicle research . According to a study conducted by Columbia University , with a fleet of mere 9000 autonomous vehicles, Uber can replace every cab in New York City. These self-driving “on-demand mobility services” would require you to wait for an average of 36 seconds and fares amounting to 50 cents a mile . As the currently highest valued a startup , replacing every cab in the United States is well within the realm of possibilities of Uber. With such low-cost and convenient rides, that take away t...