Transaction Cost

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How will drive less cars make into the market?

One of the biggest hurdles are legislation that need to change through the country. As the older generations, passes away and the new generation starts getting into leadership position these changes will happen. Sharing Economy is geared towards the under 40 year old generation and within the next 20-30 years those people that are active users in the Sharing economy will be in a position to make changes.

The google car has driven more than 1.3 million miles and just recently last month for in a fender bender. The average US driver is in a car accident every 165,000 miles.

Each year we lose about 40,000-50,000 people in car accident related deaths. Think of how many people will be alive due to new technologies. Congress will not be able to stop the movement. They will do everything they can to slow it down, but everything is leading towards that direction.

Not only will we stop on driverless cars, we will also have driverless drones. Uber is teaming up with a company called fly blade, a company that provides helicopter services to nearby location.

In order to keep the cost of a helicopter low, Fly Blade is doing the same thing as uber. They are renting their helicopter to fly short distances. With more and more users flies the cost of these services will ultimately go. Think about all the parking spot in prime location across financial areas in the world where those spots will be converted to office buildings and marketplaces. Cities and towns will change and road will become smaller and smaller and traffic decreases due to less accidents. We can see a decrease in roads space and a decrease in traffic.

The future of flash Gordon is not too far in the distance future.

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http://www.pwc.co.uk/issues/megatrends/collisions/sharingeconomy/the-sharing-economy-sizing-the-revenue-opportunity.html

http://spectrum.ieee.org/cars-that-think/transportation/self-driving/uber-could-be-first-to-test-completely-driverless-cars-in-public

http://www.chicagotribune.com/business/sns-201509221800--tms--savagectnts-a20150922-20150922-column.html