Recently, I’ve become very interested in driverless cars. It sounds like such a small change, but when you combine it with on-demand services like Uber, they really become a game-changer. When you think about it, most people spend very little time driving their car. It’s much more efficient for a company to own a group of cars and keep them going at all times.
Imagine not having to pay to own your car or pay for maintenance on it. You just pay for what you use.
If the idea comes to fruition, the world as we know it is going to change. Industries will change. Below is an infographic on how the insurance industry might change.