Although there will be many jobs created from this technology, this paper is specifically identifying effects on the transportation industry.
Economic Impact of Self Driving Vehicles Currently, transportation influenced jobs created revenue for millions of people, a large majority of them being immigrants. An average uber driver makes around $19 an hour. That is the core reason why there are 160 thousand uber drivers in America as of March 2017. (Smith, 2017)
Uber pays their employees around three million dollars an hour, or twenty six billion dollars a year. Once self driving vehicles are introduced and fully accustomed in America, uber will save all of that money by switching to artificial labor. It's understood why uber would work as hard as they could at this technological goal. One big aspect they have failed to recognize is the unemployment rate’s rise that they will cause. Not only uber will cause this rate to rise; however, losing truck drivers, taxi drivers, school bus drivers, and even pizza delivery drivers will all cause America’s unemployment rate to