With the advent of self-driving cars, the auto industry is on its way out.
RIP auto industry: 1890-2020.
>new technology for car companies to capitalize on
>on its way out
perfect sense
>Self driving cars
>Auto industry on it's way out
I.....what? You are literally talking about the advent of a massive new technology in that field then saying the field is going to die
If anything this is great because fucking normies that can't drive will stay tf out of the way. Imagine the advent of national autobahns with fast lanes for manual drivers in which the self-driving cunts are always in the right two lanes
Cars as we know them will die. Tesla, Google, Apple, Amazon, Microsoft and Facebook cars will dominate the roads.
>yfw you will live long enough to see yourself become the boomer
>>16375438
>not being the head of an illegal street racing ring that drives manual cars with diesel engines running on bootleg biodiesel made from roadkill
>>16375317
I think there will be a short-term boom before the industry runs into trouble.
The emergence of autonomous vehicles, along with a perceived need to transition away from fossil fuels, means that we're probably approaching the highest-ever chance of "forced" retirement of most of the vehicles currently on the road, with the possible exception of some late models that can be readily retrofitted.
Obviously, something that dramatic would create a huge and sudden demand for new vehicles, and unprecedented earnings for the car manufacturers. Once the market is re-saturated, though, demand would plummet. The new-found "newness" of the average road vehicle, combined with an extreme reduction in collisions thanks to autonomous driving, would mean that the auto makers would need to operate at a much lower volume than ever before.
I don't see the big tech companies displacing the existing manufacturers, though. Instead, I think most of them will form partnerships with established manufacturers because it will get them to market a hell of a lot faster than building out their own supply chains and factories.
Buyer beware, your Facebook-Nissan autoshitbox will video-record you while you masturbate in traffic.
>>16375701
Dude, this is pretty spot on and well thought out. Kudos.
We lasted 130 years. Not too bad.
>>16375543
>BEEN DRIVIN ALL NIGHT MY HANDS WET ON THE WHEEL