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How will self-driving cars impact societal structures?

By Finserv MARKETS - Dec 23,2019
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Self Driving Cars Impact

Automatic driving cars are sooner or later going to be a reality in India. There are startups that are already working on automatic vehicles like cars and buses in India with a goal of exporting global technology. Once a lot of countries adopt them, we will also join the fray. Automatic driving cars in India won’t just mean increased convenience for the congested cities and towns in our country, but also mean a shift in societal structures and patterns in many ways.

Self Driving Cars Impact

Source: https://medium.com/iomob/apply-the-brakes-autonomous-vehicles-not-ready-yet-af6631355204

 

  • A relief from modern-day loneliness

Loneliness is considered equal to smoking 15 cigarettes a day in terms of body harm.1 Our urban population is becoming more and more individualistic and lonelier. Millennials are too busy working and learning to be able to spend quality time with anyone. Social media has provided an unnecessary amount of convenience for staying in touch, and we mostly talk to people online now. There are many who prefer talking online over offline. In this scenario, Automatic Vehicles (AVs) will encourage people to go out and meet each other more because of the sheer convenience and reduced travel time. Since they will be linked to a common network and can follow GPS, they will know the routes of other AVs and tackle traffic much better. This means a considerable reduction in transit times. Going back home on weekends will become a more frequent thing. Moreover, shared AVs will encourage conversations with new people.

  • Bridging the urbanization gap

Automatic driving cars in India will bridge the gap between cities and adjoining towns. Most of us live away from the centre of the city and travel for a considerable amount of time every day to go to work, shopping, movie, or even to go and meet someone. Automatic driving cars will make it easier with its speed and efficiency. Automatic trucks will make transport of goods much easier. All of these factors will together help smaller towns urbanize themselves as the biggest barrier between them and the cities currently is distance.

  • Recovered street space

Automatic driving cars won’t need to be parked right outside wherever you are. They can all be parked at a central parking space in the area. This will mean emptying of huge parking spaces outside a lot of buildings. This recovered space can be used for a variety of things relevant to the area. A school could have a garden, a building could have a sports ground, and a house could have an open space in front of it.

  • Loss of employment for drivers

Every technological advancement comes with its own pros and cons. A switch to automatic vehicles would mean a loss of employment for all car drivers, truck drivers, and commercial vehicle drivers. If the government allows AVs, they will have to account for the number of unemployed people and engage them systematically in another form of employment, failing which, they could protest and cause unrest.

  • More families will have cars

People will start feeling more secure about their vehicles, and more families will opt to buy one for their convenience. The social standing of families with cars will change, as initially, only the financially well-off families will be able to own AVs. With a lesser likelihood of damage, car insurance policies may also change. You won’t have to be so worried about accident covers. Yet, car insurance is sure to remain an important aspect, be it self or manually driven cars. If you currently wish to get a car insurance policy for your regular car, you might want to check out Bajaj Allianz Car Insurance , available on Finserv MARKETS.

  • A new dimension to entertainment and work

Automatic driving cars will give social networks and entertainment companies yet another avenue to explore. Since no one would be busy driving, people will be able to work, watch movies, and even party together while travelling. Imagine how road trips are going to change forever. Movies will target in-car entertainment to promote themselves. Netflix and Prime would want to grab screen space. You wouldn’t need a lot of time to travel to a meeting in the first place, but you can even have a meeting in the car itself. Social gatherings will be planned around AVs.

  • Stress relief

Reduction in travel time, reduction in pollution, reduction in congestion will all lead to a stress-free environment for people. You will stop equating travel with tension. You won’t be tired when you reach your office. Transit durations can be better estimated, so you won’t need to worry about leaving early. There will be a paradigm shift in the way we look at travel.

Just like any other invention, automatic cars will also impact society in a variety of positive and negative ways. What would be interesting to note is how the car industry and related industries like insurance, repairs, etc. change. We can only hope that this revolution in technology doesn’t fail upon its promises and does more good than harm. Whatever the technology, your car ought to be protected with car insurance at all times to offset potential risks. If you are currently looking for an insurance policy, you can check out Bajaj Allianz Car Insurance Policy, available on Finserv MARKETS, which provides benefits like cash-free services across 4000+ garages in India.

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