300 words

Several sources predict that fully autonomous cars will be available to the public by the year
2020. As they grow in numbers Zack Kanter predicts, that a lot of jobs will be lost, deaths will be
prevented, time will be saved and new industries will be created.

Kanter predicts that most cars in the future will be bought by ride sharing and car sharing
companies. Majority of US adults stated that they would ride in an autonomous vehicle and 32% would
give up driving when they become available. Another study says that all the taxis in New York City
could be replace by just 9000 autonomous cars with considerably low cost. The author suggests that
with such cheap price and convenience private car ownership would soon become inconceivable.

This would significantly reduce the number of vehicles and major automotive companies could be
bankrupted by 2030 as they would not be able to adapt. Automotive related industries such as
insurance, parking, car rental, public transportation and professional drivers would mostly
disappear. Altogether Kanter suggests this could lead to 10 million or more jobs being lost.
However he notes that this would free up over $1 trillion in additional disposable income and lead
to creation of entirely new industries and new jobs. Also real estate would be freeing up as
parking lots, car dealerships and such were no longer needed. Elimination of curbside parking would
also free up two extra lanes to use and with no need to seek for parking spaces approximately 38
hours of time would be saved by every US commuter every year.

This would also have significant environmental effects in form of reduced greenhouse gas emissions
and as a result of recycling old cars a surplus of raw material would be created reducing the need
for mining.

100 words

Sources predict that autonomous cars will be available by 2020 and bring about job loss, but also
new industries, save time and prevent deaths. Zack Kanter predicts that people will give up their
own cars and ride share instead because of its convenience and affordability.

Autonomous cars would significantly reduce the number of vehicles and bankrupt automotive
companies. Industries relates to it would disappear. Anyhow, new industries would be created and
disposable income and real estate would be freed. The decrease of private cars would also be
helpful with climate change and recycling old cars would provide raw material.

3 sentences

Several sources suggests that autonomous vehicles will be available for public by 2020. Zack Kanter
predicts that as they become common it will bring job loss, prevent deaths and save time. The
positive effects would include freeing up real estate and additional disposable income,
environmental effects, creating new industries and a surplus of raw material.