“We are going to an Autonomous world.” shared Gary Hallgren, President of Arity
Technology and new business systems can disrupt industry and make large adjustments. Big industries like Uber and Lyft have forever changed the taxi and shuttle industry and businesses like Airbnb has changed the conventional hotel industry. This in mind the next technology on the brink of disrupting the world known today is that of self-driving vehicles.
Peter Gigante, the Head of Policy Research for Lyft told the Regional Governmental Affairs Conference, “Self driving cars have been in the roads for years- we just don’t notice them.”
Gigante further elaborated on the advantages that self driving cars will have over traditionally driven vehicles. Elderly and the disabled will be capable of driving independently. Low density locations like rural America would especially benefit because public transportation is more sparse. Businesses can benefit from having a self-driving vehicle because it can drive through the night and for lengths of times humans are unable to do. This results in a quicker delivery time of goods.
Hallgren shared that with these advancements, “We need to help the consumer as well. By having the data to help consumers determine what is the most cost effective decision.”
Hallgren’s company, Arity, believes that the most data provides the most predictive insights and that is what should determine decisions. Both industry and individual consumers needs to see that advancements like self-driving cars can actually help save lives by reducing the number of fatal crashes in a year. 95% of accidents are caused by human error. Self-driving cars are still in the research and development phase but both presenters stated that to be successful they will need to be tested in controlled real world environments to provide the best technology for society. Additionally, autonomous cars will need to drive more like humans, and leveraging data to move down this path is where All State’s data captured through Arity will be important.