Autonomous vehicles, whether they're cars, trucks, or something in between, have the potential to be enormously disruptive to the status quo in good ways and bad.
There's a fascinating tidbit - a prediction, really - I came across in my research; I'll share it with you because I think it perfectly illustrates the disruptive potential and peril of these things.
The U.S. government's own numbers indicate 94% of vehicle accidents are our fault, that is, human error. In the paper, Autonomous Vehicles and Public Health, the authors estimate that the healthcare industry may face a $500 billion loss resulting from the decrease in traffic injuries as self-driving vehicles come to dominate U.S. roads. The same paper goes on to estimate as many as 10 million lives per decade may be saved worldwide.
Fantastic news if you're a person, but pretty ominous for the healthcare industry, I'd say. The predictions and estimates go on and on, but throughout history, when a development has been as disruptive as AVs could be, huge fortunes have been won and lost.
I've got a classic "cheap stock" in mind for us to make sure we're winners in the autonomous driving revolution.
You can own this company for less than the price of a decent hamburger in most places, putting you in position to collect massive upside - at least 100% profits - from this unstoppable trend.