The Future of Ownerless Autonomous Cars

Presented by Linda Hohn, Esq.Director of Content Development

at The Institutes

The Future

People keep asking, “What will autonomous vehicles, telematics, & data management enable us to do in five years?”

We don’t have 2020 Vision!

Driverless Cars – What is the Future?

[Governments may] outlaw driving cars because it's too dangerous. You can't have a person driving a two-ton death machine.

My Friend’s Basement

My Friend’s Music - 1980

My Friend’s Music - 2000

Music - 2015

Let’s Back Up Out of My Friend’s Basement!TELEMATICS: “the integrated use of telecommunications and informatics for application with control of vehicles on the move”

Some current uses of telematics:• Vehicle tracking• Fleet management• Satellite navigation• Intelligent vehicle technologies• Auto insurance

Car Sharing

Uber and Lyft

Autonomous Uber

What Does It All Mean?

My Music, My Moves

Transportation Models

• Traditional vehicle ownership

• Driverless vehicles

• Uber, Lyft, Zipcar = Ownerless vehicles

Some Predictions

Who Is Affected?

• Police, local taxes• Car Makers• Car insurers• Car Repair Shops• Parking garages• Lawyers• Home builders & remodelers• Urban planners, highway engineers• Doctors, hospitals, the economy• Oil companies, coal companies, electric grid• Thieves and crooks of all types

Police

$6.2 billion annual “revenue” in traffic fines

No More Tickets

Car makers

Car insurers

Car Repair Shops

Parking Garages

Auto Liability Lawyers

Home Builders and Remodelers

Urban Planners

Medical Care

Oil, coal, electric, the environment

Criminals

Potential Problems

Criminals and Terrorists• Getaway cars with no driver• Hacked driverless cars as weapons

Potential Problems

Workers’ Comp issues (Uber, Lyft)

The Fun Stuff!

Personalized travel no longer restricted to those able to drive

The Fun Stuff!

Lighter and leaner

The Fun Stuff!

Luxury travel

Conclusions

Moving from an ownership model to a streaming model

Conclusions

Telematics is a key component to enabling autonomous vehicles

Conclusions

• Much like Polaroid and Kodak, many entrenched industries will be threatened by autonomous vehicles

• But also, many new opportunities will be created

It’s Always About the Data

Big Data becomes Enormous Data

Forward to the Future!

Credit

Thank you Martin Frappolli, CPCU, FIDM, AICSenior Director of Knowledge ResourcesThe Institutes

Thank you for your attention

Linda Hohnhohn@theinstitutes.org