Intel predicts a $7 trillion self-driving future

Publication: The Verge,

The race to be the first to deploy autonomous vehicles is on among carmakers, emerging startups, and tech giants. Amid this constant news cycle of deals and drama, the purpose of all of it can get lost — or at least a bit muddied. What exactly are these companies racing for?

A $7 trillion annual revenue stream, according to a study released Thursday by Intel. The companies that don’t prepare for self-driving risk failure or extinction, Intel says. The report also finds that over half a million lives could be saved by self-driving over just one decade.

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