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An estimated 500,000 American drivers may soon be out of work…
Tech Crunch reports global ride-sharing titan Uber plans to start utilizing driverless cars as soon as they’re available.
Uber’s CEO, Travis Kalanick, says:
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When there’s no other dude in the car, the cost of Uber becomes cheaper than owning a vehicle… this is the way the world is going. |
He’s right. More and more driverless cars continue to hit U.S. roads…
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Police in Mountain View, California, just pulled over one of Google’s driverless cars—for the first time—for going 24 mph in a 35 mph zone. It turns out its speed was legal… maintaining Google’s perfect ticketless record in over 1.2 million miles driven.
Ford, General Motors, and electric carmaker Tesla are now testing their own driverless vehicles. And rumors swirl around Apple conducting secret driverless car tests, too.
The days of driving as an occupation are numbered…
Driverless cars are just one small part of an unstoppable “mega trend”…
Longtime Daily readers know the Internet of Things (IoT) will connect the entire physical world—from driverless cars… to watches… to thermostats… to refrigerators—to the Internet.
Within five years, your refrigerator may send your car out to the store to restock your groceries… all while you manage more important affairs (or watch the big game).
Mega Trends Investing (MTI) Editor Teeka Tiwari calls the IoT “the largest trend we’ll see in our entire lives.”
A staggering $19 trillion will flow into the IoT over the next four years.
By 2020, the IoT will be larger than the global computer, smartphone, tablet, and connected car markets—combined.
There’s zero doubt the IoT threatens multiple occupations. It will end paid drivers’ careers as we know them now.
But for well-positioned investors, the gains from the IoT mega trend will be astronomical.
Teeka’s shared his favorite IoT plays with his MTI subscribers. They include the company with the patent for the only 100%-integral IoT chip used across devices and platforms. Current MTI subscribers can click here to review the recommendation.