A new industry is loading, and we need to pay attention. California now has Google Waymo, Tesla Robotaxis, Amazon Zoox and General Motors’ Cruise as driverless taxis on the roads.
Give this redesign 5 more years, most airports in America may not have human-driven taxis because the machines will dominate.
I pity the politicians and policymakers because they are yet to understand the scale of unemployment that is loading in this decade of app utility. Yes, the foundational construct upon which the market system has been built up, that Labour is a critical factor of production, is now under threat.
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In the industrial era, land was catalytic. As we transitioned to the knowledge economy, land was off. Today, the AI-driven economy could take out Labour at scale making it possible that 2 people can run a $1 billion company! What is safe if taxi drivers cannot hide?
Labour is losing its flavour and that is something policymakers must pay attention to
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