According to a WHO Report on Road Traffic Injuries, approximately 1.25 million lives are nipped every year owing to ghastly road accidents. It also states that between 20 and 50 million more people suffer in the aftermath of these incidents which could be a non-fatal injury or a disability because of their injury. About 94% of these accidents have occurred owing to the driver’s fault. And that is the reason why so many companies like are investing in the research and development of Autonomous vehicles.
Many of us would remember the cute driverless car that Google had unveiled in 2014 which had a maximum speed of 25mph. Fast forward to 2017and we find several automakers have already brandished their autonomous car technology and many of them aim to roll out production vehicles with driverless capabilities by 2020. Automakers such as Ford, General Motors, Baidu, Google, Tesla, Lyft etc. plan to have some form of the autonomous vehicle (car) ready for commercial use within the next five years. Goldman Sachs predicts that by 2030 driverless cars are estimated to contribute to 60% of US auto sales.
We are living in an era where dreams are increasingly becoming a reality. A few years ago, people would have considered the idea of driverless ridiculous, but now they appear to be a certainty very soon. There’s a race among carmakers and technology companies who are striving to make autonomous cars a reality by developing road-ready vehicles that can drive themselves on our street. According to McKinsey, significant advances in Artificial Intelligence, Machine Learning, Sensors and Data Analytics will not only accelerate the driving technology but will also transform how we drive (are driven), the cities where we stay and the entire notion of car ownership as well. **
**widespread adoption, technological hurdles, and legal frameworks must be framed accordingly for driverless autonomous to finally ply of roads.