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Pros And Cons Of Self-Driving

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The rapid advancement in technology is beneficial and detrimental. As a current undergraduate student it is scary to see how technology has eliminated or replaced countless jobs. At the rate we are going many jobs will be replaced by a machine. The articles examines how self-driving vehicles will affect the overall economy. I always believed that self-driving was a thing of the future and this article has changed my perspective because it is now closer than ever. The pros of a self-driving truck is that they will able to drive 24 hours which means goods will be delivered at a quicker rate and stipulate the labor force. Having employees come with a major cost such as salaries, health coverage, etc. In the perspective of a business owner, reducing …show more content…

This means that 1.6 million Americans will no longer be able to feed their families and will endure financial struggles. Transitioning to a different job is not easy especially in this market where jobs are scarce and the integration of technology have made it worse. This does not take in consideration the other millions of jobs that will be lost because of this innovation. However, a variety of industries will profit from these innovations. The potential savings of not having to pay a human is great business decision. I also believe that self-driving vehicle pose a potential hazard on the street and many accidents will arise. What if the car has malfunction? Errors in the programming system are also a potential threat. When there is a driver, they have the ability to prevent an accident. The cost of implementing these new technologies is costly. Self-driving vehicles are vulnerable to hackers. These technological innovations has also put book stores, newspapers and movie rentals out of business. Now everything can be streamed through the computer from the comfort of your home. In the past the New York Stock Exchange floor was filled with traders, now it all has been replaced with technology which has led to jobs being

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