Firms such as ARK Invest, UBS, McKinsey, and Intel believe that, within a decade, fully autonomous robot-taxis will result in a new industry with a market capitalization exceeding $7 trillion. How and when this self-driving technology begins to disrupt U. S. and global transportation depends on the “design” of these technologies and how they are perceived by consumers. The “brains” within the driverless car will need to make passengers as comfortable and confident as they are now when climbing into an Uber or Lyft. What is still required to achieve this goal? Which companies have a competitive advantage in delivering what consumers want? And what opportunities does that create for investors? We’ll provide the answers that you need.
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