Wheels (Australia) - - Fortune Special -

I re­ally like driv­ing… Govern­ment rev­enues will fall with less money earned from fuel taxes, pri­vate reg­is­tra­tion and stamp du­ties. Many US cities, in­clud­ing New York, Chicago and Pitts­burgh, have banned on-road test­ing in metro ar­eas, cit­ing safety con­cerns. The ef­fect on any coun­try’s econ­omy will be mas­sive – a dis­rup­tion mea­sured in the US alone at US$4 tril­lion with ma­jor job losses. Jobs in long haul truck­ing will be dev­as­tated. Waymo is al­ready test­ing big rigs on real-world roads. So is Otto. All de­signed to save the US$0.64C a mile in driver costs and ben­e­fits. Safety. Two well­doc­u­mented fa­tal­i­ties – one with Tesla’s Auto Pi­lot, the other with an Uber pro­to­type killing a cy­clist – are cited as grave safety is­sues. Driv­ing and de­liv­ery jobs will go, and with them, wages. The Fedex and UPS ‘last mile’ de­liv­ery of parcels won’t need driv­ers.

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