The Robot Revolution Will Take Your Car, Your Mom’s Car, and All the Oil in 13 Years

Motherboard, ReThinkx, 4 May, 2017

A new report says self-driving electric vehicle fleets are poised to replace individual cars sooner than we think.

A stunning new forecast projects that the internal combustion engine, along with the entire oil industry, are going to vanish from the face of the earth in little more than a decade. And it’s all because of the robot revolution.

By 2030, rapid technological improvements and dramatic cost efficiencies in self-driving electric vehicles (EV) will sweep away the energy and economics of oil-powered cars; and with it, global oil demand will plummet. This is the verdict of a new report, Rethinking Transportation 2020-2030: The Disruption of Transportation and the Collapse of the ICE Vehicle and Oil Industries, published in May from independent research group, RethinkX.

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