The Covid-19 pandemic has certainly provided a lens into how the loss of vehicle related revenue wreaks havoc on the budgets of towns, cities and states.
No matter how much of an improvement autonomous vehicles may bring, there will be economic consequences that in turn will have political implications – elected officials will need at act quickly and in a way that least impacts the everyday driver and the public at large.
Autonomous vehicles are programmed to obey traffic laws and comply with regulations of operating on the roadways. The loss of millions of dollars of vehicle infraction violations, drivers license, meter and garage parking fees that many cities use to plug the holes in their budgets, could be eliminated.
Read the article at Forbes.
The post The Political Economy Of Autonomous Vehicles appeared first on Fleet Management Weekly.
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