Investors have been buzzing about the tremendous potential of self-driving vehicles for several years now. There are good reasons for the buzz: In theory, at least, vehicles that can safely move people and goods from place to place without human drivers could lower costs, increase flexibility, and dramatically reduce the risk of passenger injuries -- all at once.
Looking a bit deeper, we start to see how self-driving technology could be transformative beyond lowering costs and improving safety. If self-driving vehicles become ubiquitous, will people still own cars? Will cities still need parking spaces?
Simply put, the potential for change -- and disruption -- is huge.