Oct 12, 2021
Worries That AI Self-Driving Cars Will Charge Sky-High Monopolistic Prices
Posted by Gemechu Taye in categories: robotics/AI, transportation
There is quite a bit of handwringing going on that AI-based true self-driving cars are going to be a monopoly. This is based on the assumption that only a few purveyors will be able to attain true self-driving cars. A tiny set of automakers or self-driving tech firms will hold all the cards when it comes to self-driving cars.
We are not there yet, since the invention of self-driving cars is still being figured out.
But, if you are thinking ahead, those purveyors might be the only entities able to field self-driving cars and therefore be able to charge monopoly rent, as it were. This could include charging sky-high prices for the use of self-driving cars.
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