- Metadata
- Global stock of cars in 2017 is around 1.1 billion, the two major shifts of electric vehicle and autonomous driving will eventually cycle into this stock
- Direct impact of these two shifts will have profound effects on oil production and traffic accidents
- But what about second and third ordered effects?
- Then what…okay, then what?
- Second order effects of EV
- Tobacco purchase at gas stations
- Well over half of US’s tobacco sales are from convenience stores
- Highways are funded by gas taxes
- Electricity consumption, off-peak scheduling
- Second order effects of autonomous driving
- Costs from vehicle damage has a large economic effect
- Removes the need to reserve land for parking
- Increases road capacity
- Removes jobs for drivers
- Cheaper on-demand rides
- This will change how cities are built, how downtown and suburbs will interact, how big-box retail and stores will be situated