Monday, July 24, 2017

Another Thing FLG Wondered

Why do so many people seem to assume that self-driving cars means the end of private car ownership?  

FLG kinda sorta gets it in a place like Manhattan.   Parking is a nightmare.   An Uber service that is even cheaper because there is no driver involved would likely lead to an increase in quantity demanded.   But most people in Manhattan don't own cars as it is.   (FLG thinks like like 20% or something.)

But for FLG doesn't see it for the people who live in the suburbs.   They'd still own cars and ride leisurely into the city.   Whatever the cost savings are (estimates FLG has seen put it around $5000 per year), FLG strongly thinks they'd rather pay that cost and have the privacy and comfort of their own car regardless.

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