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Self-driving Cars: The Hell Scenario (w/ Robin Chase) | Discoveries | Real Vision™

1,646 views · Published 20 April 2018 · 4:20 · Indexed 12 November 2026

Channel: Real Vision Presents · 2018 · News & Politics

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Driverless car technology is expected to add at least $7 trillion to the global economy in the next three decades. But at the same time, it could devastate the auto industry and related businesses, and cause huge new problems for city governments. Robin Chase, co-founder of Zipcar, provides the inside track on how self-driving cars could impact our world.  Get ahead of the big investment themes: https://rvtv.io/2J2SUpy

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Self-driving Cars: The Hell Scenario | Robin Chase | Discoveries | Real Vision™
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Transcript: If you own a self-driving car and it happens to be electric-- we didn't ever even think about our own body being in on that trip. Now the single most expensive thing we're taking out of the car. Your time, or a paid driver's time. When you take that out, it's really-- the cost to move an electric car is about a penny and a half a mile. So I ask you, what would you not do for a penny and a half a mile? You don't have to park it. It's going to be your personal servant, doing whatever in heck you want. You know, I left my iPhone at home. Please run back and get it. You know, my kid wants an apple that I didn't pack in his lunch. Whatever. It's peak times, I don't care. Go get it. You will be sending it as your runner everywhere. We want to do the easy and cheap thing, and it's going to cost me no money, and it's not even my time. We will be using them all the time for very low value errands. And they might not be low value to us, but for a city clogging those streets is a really big issue. If I think about our personal infrastructure, what's going on in my brain? There is a man, Daniel Kahneman, who wrote this beautiful book, Thinking, Fast and Slow, and his thesis -- he's a behavioral economist -- is that we want to do the easiest thing every time. Like, every time I want to do the easiest thing, and the economics comes in second. Christmastime, my husband was telling me that Amazon had a thousand products in which you could get 2-hour delivery. And if we think about Amazon Prime, you pay one time and then you get the whole year for free delivery. So I'm watching my husband, who consumes way more than I do, and the packages are coming. And, you know, one toothbrush delivered to my house. A screw delivered to my house. He said it was a difficult screw. It was a complicated screw. We needed this particular screw. And you're watching these deliveries come, and so what happens is there's this car driving around and coming to my house one at a time, because I like things really easy. So now throw into this, self-driving cars where we can have at our beck and call these cars doing whatever we want. If I think about when we layer in self-driving cars into that equation from a retail perspective, it's also all based on economics. I feel like everything comes back to the economics of the situation. 
Filmed on March 8, 2018 in New York.

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