Shared robotic taxis

Simulations are being run in numerous geographic locations to assess the costs and impacts of shared driverless fleets.

Simulations are being run in numerous geographic locations to assess the costs and impacts of shared driverless fleets. Such a simulation for Austin, Texas provided the following results: 19% annual ROI for a fleet operator of driverless vehicles that would charge $1/mile traveled in unshared mode (i.e., individual alone in vehicle). If I were a cab owner, I would look to sell before the driverless wave drowns me. Uber is only the beginning of the taxi owner’s headaches. Already city cab license values are declining (by 25% in Philadelphia).