The Macro-Effect of Autonomy on the Labor Market
Sid KrishnamurthiNumerous advantages that autonomous vehicles bring to society include fewer accidents, less traffic, and more accessible transportation. One thing that frequently goes unnoticed is how self-driving technology can have a favorable impact on the labor market. From a labor perspective, the long-haul trucking business is currently under transition. According to MarketWatch, there was a 40% shortage of drivers in...